Aljonaid, Nadeem Abdulmalik Abdulrahman; Qin, Fengming; … - In: Journal of risk and financial management : JRFM 15 (2022) 3, pp. 1-45
A great deal of the foreign aid-growth literature finds that the net effect of aggregate aid on total growth appears to be insignificant. This study argues that this aid-growth nexus can be better explained by testing the variation responses for each of growth sectors to their corresponding...