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sustainable economic growth. The empirical analysis is based on the ARDL cointegration approach, using the data for the period …-policy interactive term and real GDP growth have a positive and significant relationship. Interesting results emerge when aid-GDP alone … is introduced into the growth equation and has an insignificant positive coefficient in the long run and a negative and …
Persistent link: https://www.econbiz.de/10009368173
This paper examines the relationship between foreign aid and growth in real GDP per capita as it emerges from simple … augmentations of popular cross-country growth specifications. It is shown that aid in all likelihood increases the growth rate, and … capital are controlled for, no positive effect of aid is found. Yet, aid continues to impact on growth via investment. We …
Persistent link: https://www.econbiz.de/10011183142
effectiveness. For this purpose we examine a commonly used empirical growth model, considering different measures of fiscal …
Persistent link: https://www.econbiz.de/10009226135
Lack of access to finance is often cited as a key reason for why poor people remain poor. This paper uses data on the Indian rural branch expansion program to provide empirical evidence on this issue. Between 1977 and 1990, the Indian central bank mandated that a commercial bank can open a...
Persistent link: https://www.econbiz.de/10005135251
Lack of access to finance is often cited as a key reason why poor people remain poor. This paper uses data on the Indian rural branch expansion program to provide empirial evidence on this issue. Between 1977 and 1990, the Indian Central Bank mandated that a commercial bank can open a branch in...
Persistent link: https://www.econbiz.de/10010745415
as a fundamental source of economic growth. An international market to trade the knowledge needs to be further developed. …
Persistent link: https://www.econbiz.de/10011111404
overcome poverty and advance economic growth. For these countries, climate change threatens to deepen vulnerabilities, erode … general equilibrium model, this paper argues that climate change will negatively affect agricultural productivity in Africa … opportunity for African economies. As latecomers, Africa has indeed an opportunity to be at the forefront of the green revolution …
Persistent link: https://www.econbiz.de/10011259199
such a sustainable and equitable development strategy for Africa. It is necessary to reverse the trends in aid, and to …
Persistent link: https://www.econbiz.de/10005789299
This paper examines the effect of four different types of developmental aid on economic growth in Nigeria utilizing the … aid had more impact on growth compared to bilateral aid from Nigerian’s trading partners, top-five CDI ranked countries … framework by donors in order to promote meaningful impact of developmental aid on economic growth. …
Persistent link: https://www.econbiz.de/10011268790
This publication deals with the analysis of theoretical concepts, which explain the influence of innovations on scientific and technological progress for long term perspective.
Persistent link: https://www.econbiz.de/10010719947