Infection Transmission and Economic Growth. Some Preliminary Results
In the present contribution we focus on the ultimate impact of HIV/AIDS epidemics on economic growth and development in Sub-Saharan Africa countries. The main novelty of the present contribution is that public health expenditure, instead of private decisions on health, is taken into account. The final model is given by a discrete time two-dimensional dynamic system whose evolution describes the behaviour of both the capital per capita level and the disease rate. We show that an infection free equilibrium (IFE) is owned and that it can coexist with a steady state with positive prevalence rate (PIE).
Index Terms- Economic growth, steady states and stability, public health expenditure, infection transmission.