Relative Income Differential, An Impact Assessment of the Incidence of HIV/AIDS on Human Capital Development and Economic Growth in Nigeria

This paper examines the burden of HIV/AIDS on income groups (upper and lower income earners) in Nigeria, its impacts on human capital development and economic growth. Income differential (indicator variable), the relative difference in income per capita of the quintile group, life expectancy, out-of-pocket health expenditure and direct health per capita formation were estimated, using data for the period 1986- 2018. The study employed a panel data analysis procedure in order to capture the relative incidence (burden) of the epidemic amongst these income groups (upper and lower income earners) in Nigeria. Accordingly, stationarity test was carried out on the variables used in the estimation. Furthermore, in line with Lo and MacKinlay (1988, 1989) overlapping variance ratio test on the parsimonious residuals examines the predictability or otherwise of the series data by comparing variances of differences of the data (returns) calculated over different intervals, in this case long-run variability of the indicator variables and was used to test the incidence of HIV/AIDS on differential income earners and economic growth in Nigerian. Of a significant in the findings was that the epidemic is already putting pressure on the income earners in Nigeria, especially those in the lower income group the study therefore recommend that effort should be made to lessen income gap in Nigeria given that it positively correlates with rise in disease prevalence and mortality rate being consistent with the findings in Ainsworth et al. (2002) and UNICEF (2003).

Medienart:

E-Book

Erscheinungsjahr:

2023

Erschienen:

S.l.: SSRN ; 2023

Sprache:

Englisch

Beteiligte Personen:

Diyoke, Kenneth [VerfasserIn]

Links:

ssrn.com [kostenfrei]
doi.org [kostenfrei]

Themen:

Incidence of HIV/AIDS

Anmerkungen:

Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments January 15, 2020 erstellt

Umfang:

1 Online-Ressource (13 p)

doi:

10.2139/ssrn.4228369

funding:

Förderinstitution / Projekttitel:

PPN (Katalog-ID):

184521997X