| Literature DB >> 33163018 |
Jamiu Adetola Odugbesan1, Husam Rjoub2.
Abstract
BACKGROUND: The sub-Saharan Africa (SSA) present the highest prevalence of HIV/AIDS worldwide; resulting to a significant development challenges at country, region and global level. The previous studies explain at least in part, the impact of the epidemic, however the impact of HIV/AIDS in long-term economic behavior were not yet clear. There is clearly few or absence of studies on the impact of the impact of the epidemic on sustainable development.Entities:
Keywords: HIV/AIDS; SSA; health expenditure; macroeconomics; sustainable development
Mesh:
Year: 2020 PMID: 33163018 PMCID: PMC7609097 DOI: 10.4314/ahs.v20i2.4
Source DB: PubMed Journal: Afr Health Sci ISSN: 1680-6905 Impact factor: 0.927
Characteristics of the variables
| ANS | HEX | HPREV | |
| Mean | 2.28 | 6.03 | 5.93 |
| Max. | 62.36 | 30.00 | 19.73 |
| Min. | -128.80 | 0.10 | 1.70 |
| Std. Dev. | 13.44 | 7.41 | 2.29 |
| Skewness | -2.67 | 1.66 | 1.23 |
| Kurtosis | 25.96 | 4.83 | 6.42 |
Correlation analysis result
| ANS | HPREV | HEX | |
| ANS | 1.00 | ||
| HPREV | 0.29 | 1.00 | |
| HEX | 0.09 | 0.23 | 1.00 |
Panel unit root result (at level)
| ANS | HPREV | HEX | ||||
| Intercept | Trend | Intercept | Trend | Intercept | Trend | |
| LLC | −5.73 (0.00) | 3.54 (0.00) | −4.73 (0.00) | −2.02 (0.02) | −11.88 (0.00) | −11.45 (0.00) |
| IPS | −6.19 (0.00) | −4.74 (0.00) | −6.43 (0.00) | −-3.06 (0.00) | −9.35 (0.00) | −9.50 (0.00) |
| BREITUNG | -------------- | -1.43 (0.08) | --------------- | -1.50 (0.07) | --------------- | -0.02 (0.49) |
| HADRI | 4.21 (0.00) | 4.13 (0.00) | 2.81 (0.00) | 6.89 (0.00) | 9.99 (0.00) | 11.11 (0.00) |
| ADF CHOI-Z | −6.05 (0.00) | −4.40 (0.00) | −6.09 (0.00) | −2.77 (0.00) | −7.52 (0.00) | −7.11 (0.00) |
| PP CHOI-Z | −7.72 (0.00) | −6.53 (0.00) | −5.19 (0.00) | −2.54 (0.01) | −3.98 (0.00) | −2.17 (0.02) |
Note: the values in parentheses are the corresponding p- value
Panel unit root result (at first difference)
| ANS | HPREV | HEX | ||||
|---|---|---|---|---|---|---|
| Trend | Intercept | Trend | Intercept | Trend | ||
| −21.93 (0.00) | −18.33 (0.00) | −13.22 (0.00) | −8.45 (0.00) | −11.57 (0.00) | −8.21 (0.00) | |
| −22.13 (0.00) | −19.76 (0.00) | −16.83 (0.00) | −13.11 (0.00) | −8.47 (0.00) | −6.58 (0.00) | |
| ---------------- | −8.22 (0.00) | ------------- | −1.65 (0.05) | -------------- | −2.52 (0.01) | |
| 3.24 (0.00) | 17.42 (0.00) | −0.71 (0.76) | 8.94 (0.00) | 9.73 (0.00) | 11.63 (0.00) | |
| −17.43 (0.00) | −15.16 (0.00) | −14.23 (0.00) | −10.99 (0.00) | −7.23 (0.00) | −5.06 (0.00) | |
| −21.80 (0.00) | −24.35 (0.00) | −17.81 (0.00) | −16.50 (0.00) | −6.00 (0.00) | −4.95 (0.00) | |
Note: the values in parentheses are the corresponding p-value
Pedroni Cointegration test statistics
| Test | Statistics |
| Panel v - statistics | −0.60 |
| −2.24*** | |
| −6.17*** | |
| −6.97*** | |
| −2.31*** | |
| −7.11*** | |
| −7.44*** |
Note: *** indicate 1% significance level
Long-run estimates
| ANS | HPREV | HEX | |
| - | −2.21***(0.43) | −0.020(0.19) | |
| −0.067***(0.01) | - | 0.09**(0.04) | |
| 0.058***(0.013) | 0.14**(0.07) | - | |
Note: The values in parentheses are standard error
*** Indicate 1% level of significance
** indicate 5% level of significance
PMG short-run estimate, ΔANS is the dependent variable
| Variables | Coefficients | Standard Error |
| ECT | −0.56*** | 0.08 |
| Δ(ANS(−1)) | −0.031 | 0.054 |
| Δ(HEX) | 3.61 | 4.50 |
| Δ(HEX(−1)) | −11.92* | 6.62 |
| Δ(HPREV) | −1.10 | 0.77 |
| Δ(HPREV(−1)) | 0.86 | 0.83 |
| Constant | 7.84*** | 1.87 |
Note: *** and * indicate 1% and 10% significance level respectively.
PMG short-run estimate, ΔHEX is the dependent variable
| ECT | −0.03* | 0.01 |
| Δ(HEX(−1)) | 0.50*** | 0.08 |
| Δ(ANS) | −0.0008 | 0.002 |
| Δ(ANS(−1)) | −0.00042 | 0.0011 |
| Δ(HPREV) | 0.009 | 0.006 |
| Δ(HPREV(−1)) | −0.002 | 0.007 |
| Constant | 0.35*** | 0.13 |
Note: *** and * indicate 1% and 10% significance level respectively.
PMG short-run estimate, ΔHPREV is the dependent variable
| ECT | −0.60*** | 0.10 |
| Δ(HPREV(−1)) | 0.18*** | 0.07 |
| Δ(ANS) | 0.022*** | 0.009 |
| Δ(ANS(−1)) | 0.016*** | 0.006 |
| Δ(ANS(−2)) | 0.001 | 0.012 |
| Δ(HEX) | 0.87** | 0.37 |
| Δ(HEX(−1)) | −0.29 | 0.65 |
| Δ(HEX(−2)) | −1.34 | 0.96 |
| Constant | 3.46*** | 0.54 |
Note: ***, ** and * indicate 1% and 5% significance level respectively.