Journal of African Trade

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Volume 2, Issue 1-2, December 2015, Pages 1 - 17

The impact of HIV/AIDS on foreign direct investment: Evidence from Sub-Saharan Africa

Authors
Elizabeth Asiedua, 1, asiedu@ku.edu, Yi Jinb, *, yi.jin@monash.edu, Isaac K. Kanyamac, 2, ikanyama@uj.ac.za
aDepartment of Economics, University of Kansas, Lawrence, KS 66045, USA
bDepartment of Economics, Monash University, Caulfield East, VIC 3145 Australia
cDepartment of Economics and Econometrics, University of Johannesburg, Auckland Park, 2006, South Africa
1

Tel.: +1 785 8642843; fax: +1 785 8645270.

2

Tel.: +27 11 5592046; fax: +27 11 5593039.

*Corresponding author. Tel.: +61 3 99032042; fax: +61 3 99031128.
Corresponding Author
Received 6 October 2014, Revised 8 December 2014, Accepted 5 January 2015, Available Online 2 July 2015.
DOI
10.1016/j.joat.2015.01.001How to use a DOI?
Keywords
F21; I15; O19
Abstract

We construct a theoretical model that examines the relationship between HIV/AIDS and foreign direct investment and employ panel data from 41 countries in Sub-Saharan Africa (SSA) to test the implications of the model. We find that HIV/AIDS has a negative but diminishing effect on FDI. Furthermore, the adverse effect occurs even when the HIV prevalence rate is as low as 0.1%. The result has important policy implications for SSA countries.

Copyright
© 2015 Afreximbank. Production and hosting by Elsevier B.V. All rights reserved.
Open Access
This is an open access article under the CC BY-NC license (http://creativecommons.org/licences/by-nc/4.0/).

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Next Article In Issue>
Journal
Journal of African Trade
Volume-Issue
2 - 1-2
Pages
1 - 17
Publication Date
2015/07/02
ISSN (Online)
2214-8523
ISSN (Print)
2214-8515
DOI
10.1016/j.joat.2015.01.001How to use a DOI?
Copyright
© 2015 Afreximbank. Production and hosting by Elsevier B.V. All rights reserved.
Open Access
This is an open access article under the CC BY-NC license (http://creativecommons.org/licences/by-nc/4.0/).

Cite this article

risenwbib
TY  - JOUR
AU  - Elizabeth Asiedu
AU  - Yi Jin
AU  - Isaac K. Kanyama
PY  - 2015
DA  - 2015/07/02
TI  - The impact of HIV/AIDS on foreign direct investment: Evidence from Sub-Saharan Africa
JO  - Journal of African Trade
SP  - 1
EP  - 17
VL  - 2
IS  - 1-2
SN  - 2214-8523
UR  - https://doi.org/10.1016/j.joat.2015.01.001
DO  - 10.1016/j.joat.2015.01.001
ID  - Asiedu2015
ER  -