Funding HIV-vaccine research in developing countries-what is wrong with IAVI's recommendation?
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Funding HIV-vaccine research in developing countries-what is wrong with IAVI's recommendation? / Sonntag, Diana.
in: HEALTH ECON, Jahrgang 23, Nr. 2, 01.02.2014, S. 141-58.Publikationen: SCORING: Beitrag in Fachzeitschrift/Zeitung › SCORING: Zeitschriftenaufsatz › Forschung › Begutachtung
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TY - JOUR
T1 - Funding HIV-vaccine research in developing countries-what is wrong with IAVI's recommendation?
AU - Sonntag, Diana
N1 - Copyright © 2013 John Wiley & Sons, Ltd.
PY - 2014/2/1
Y1 - 2014/2/1
N2 - The International AIDS Vaccine Initiative recommends targeting resources to research institutions in developing countries in order to accelerate the development of an effective HIV vaccine. In contrast, this paper shows that neither lump-sum nor in-kind transfers are an effective policy. We analyze several financing mechanisms as a means to overcome the lack of depth in HIV-vaccine research in a non-cooperative framework. At first, we point to cases in which financial support is actually counterproductive. Then we analyze whether in-kind transfers are preferable to lump-sum transfers. Even if donors prefer aid in kind because the incentives for moral hazard of recipients can be reduced, we demonstrate that it is effective only if recipients have cost advantages.
AB - The International AIDS Vaccine Initiative recommends targeting resources to research institutions in developing countries in order to accelerate the development of an effective HIV vaccine. In contrast, this paper shows that neither lump-sum nor in-kind transfers are an effective policy. We analyze several financing mechanisms as a means to overcome the lack of depth in HIV-vaccine research in a non-cooperative framework. At first, we point to cases in which financial support is actually counterproductive. Then we analyze whether in-kind transfers are preferable to lump-sum transfers. Even if donors prefer aid in kind because the incentives for moral hazard of recipients can be reduced, we demonstrate that it is effective only if recipients have cost advantages.
KW - AIDS Vaccines
KW - Biomedical Research
KW - Developing Countries
KW - Drug Industry
KW - Global Health
KW - Humans
KW - International Cooperation
KW - Models, Economic
KW - Research Personnel
KW - Research Support as Topic
U2 - 10.1002/hec.2909
DO - 10.1002/hec.2909
M3 - SCORING: Journal article
C2 - 23355491
VL - 23
SP - 141
EP - 158
JO - HEALTH ECON
JF - HEALTH ECON
SN - 1057-9230
IS - 2
ER -