Mahembe, Edmore; Odhiambo, Nicholas M. - In: Cogent economics & finance 7 (2019) 1, pp. 1-17
This article examines the causal relationship between foreign aid, poverty, and economic growth in 82 developing countries for the period 1981–2013. Taking advantage of the recently developed dynamic panel data estimation techniques, the paper tests for both panel unit roots and cointegration...