The gift of the dying
Subtitle: the tragedy of AIDS and the welfare of future African generations
By: Alwyn Young.
Contributors: National Bureau of Economic Research.
Series: NBER working paper series ;; working paper 10991; Working paper series (National Bureau of Economic Research : Online) ;; working paper no. 10991.
Publisher: National Bureau of Economic Research
Published: 2004
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Subjects: AIDS (Disease) -- South Africa.; Cost and standard of living -- South Africa.
Description: "This paper simulates the impact of the AIDS epidemic on future living standards in South Africa.  I emphasize two competing effects.  On the one hand, the epidemic is likely to have a detrimental impact on the human capital accumulation of orphaned children.  On the other hand, widespread community infection lowers fertility, both directly, through a reduction in the willingness to engage in unprotected sexual activity, and indirectly, by increasing the scarcity of labour and the value of a woman's time.  I find that even with the most pessimistic assumptions concerning reductions in educational attainment, the fertility effect dominates.  The AIDS epidemic, on net, enhances the future per capita consumption possibilities of the South African economy"--National Bureau of Economic Research web site.
Notes: Includes bibliographical references.
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Mode of access: World Wide Web.