The effects of HIV/AIDS infections and mortality on saving and investment

There are competing views of how HIV/AIDS affects saving, and to a lesser extent, investment. One argument is that saving is reduced because of the disease; the other is that saving is actually increased. We find that saving is negatively impacted by the disease in poorer countries but increased in relatively wealthy countries. These results, however, do not translate through to investment. In fact, the absolute value of the impact the disease has on investment is considerably reduced for countries in all income brackets. We hypothesize that because of the significant transfer of resources from firms headquartered in relatively wealthy nations to subsidiaries and communities in poorer countries much of the negative impact that saving would necessarily have on investment is negated

The effects of HIV/AIDS infections and mortality on saving and investment

There are competing views of how HIV/AIDS affects saving, and to a lesser extent, investment. One argument is that saving is reduced because of the disease; the other is that saving is actually increased. We find that saving is negatively impacted by the disease in poorer countries but increased in relatively wealthy countries. These results, however, do not translate through to investment. In fact, the absolute value of the impact the disease has on investment is considerably reduced for countries in all income brackets. We hypothesize that because of the significant transfer of resources from firms headquartered in relatively wealthy nations to subsidiaries and communities in poorer countries much of the negative impact that saving would necessarily have on investment is negated

The effects of HIV/AIDS infections and mortality on saving and investment

There are competing views of how HIV/AIDS affects saving, and to a lesser extent, investment. One argument is that saving is reduced because of the disease; the other is that saving is actually increased. We find that saving is negatively impacted by the disease in poorer countries but increased in relatively wealthy countries. These results, however, do not translate through to investment. In fact, the absolute value of the impact the disease has on investment is considerably reduced for countries in all income brackets. We hypothesize that because of the significant transfer of resources from firms headquartered in relatively wealthy nations to subsidiaries and communities in poorer countries much of the negative impact that saving would necessarily have on investment is negated

SPATIAL DEPENDENCE OF INCOME INEQUALITY AMONG TRADING PARTNERS

Questions surrounding income inequality have received great attention in the recent economic literature. Traditionally the literature does not attempt to investigate how income inequality in a country could be affected by the income inequality of countries economically related to it. Using Trade Spatial Lags, this paper shows that a country's income inequality is affected by the inequality of its top trading partners. This investigation shows a strong positive relationship of the Gini coefficient among major trading partners. To conduct the study, we use panel data for a sample of 180 countries from 1960 to 2008.Spatial econometrics, income inequality, Gini coefficient

The effects of HIV/AIDS infections and mortality on saving and investment

There are competing views of how HIV/AIDS affects saving, and to a lesser extent, investment. One argument is that saving is reduced because of the disease; the other is that saving is actually increased. We find that saving is negatively impacted by the disease in poorer countries but increased in relatively wealthy countries. These results, however, do not translate through to investment. In fact, the absolute value of the impact the disease has on investment is considerably reduced for countries in all income brackets. We hypothesize that because of the significant transfer of resources from firms headquartered in relatively wealthy nations to subsidiaries and communities in poorer countries much of the negative impact that saving would necessarily have on investment is negated.HIV, AIDS, Saving, Investment, Africa, Developing Countries