Showing 1 - 10 of 1,215
This paper uses panel data and the Local Linear Kernel Estimator (LLKE) to investigate the effects of aid on economic … growth in developing countries. Specifically, we investigate the robustness of a popular parametric specification of the aid …/economic growth relationship in Less Developed countries (LDCs). First, we find that aid has a significant impact on economic growth …
Persistent link: https://www.econbiz.de/10010754535
Natural resource rents and foreign aid have the character of windfall gains that affect economic outcomes both directly … this article, we offer a theoretical framework for a joint analysis of how natural resources and aid potentially affect … of windfalls and provide some new empirical evidence of the association between aid/natural resources and institutions in …
Persistent link: https://www.econbiz.de/10005651722
We test the hypothesis that the effect of foreign aid on economic growth is positive in ethnically homogenous countries …, but decreasing in ethnic fractionalization. Using panel data covering 114 aid recipient countries over the period 1962 to … estimates suggest that foreign aid may have retarded economic growth in many fractionalized countries, most of which are located …
Persistent link: https://www.econbiz.de/10010903417
quality of foreign aid matters to economic growth of least developed countries (LDCs). Quality effects are captured using … different specifications of both bilateral and multilateral aid. The quantity effects are measured by the squared term on the … aid variable. The timing of effects between aid and growth are controlled for using both short term (annual) and long term …
Persistent link: https://www.econbiz.de/10011113261
The influence of exchange rate signals in an economy is very powerful and often pervasive. Moreover, sustained real exchange rate overvaluation, will, by distorting resource allocation away from productive activities, eventually lead to drastic adjustments of relative prices and reduction of...
Persistent link: https://www.econbiz.de/10009203634
This paper investigates the impact of foreign aid on economic growth in member countries of the Economic Community of … aid on economic growth among these ECOWAS countries was found to be positive and strong. Other important drivers of … equation on foreign aid indicated that domestic investment, exports, and international reserves have a positive relationship …
Persistent link: https://www.econbiz.de/10010343225
This paper studied whether the complementarity between financial development and foreign aid promotes economic growth … from 1994 to 2014. Although (1) aid-growth and (2) finance-growth studies have been conclusively dealt with, the role of … financial development in the aid-growth nexus has been hardly researched. Is financial development a channel through which …
Persistent link: https://www.econbiz.de/10013204579
This paper investigates the impact of foreign aid on economic growth in member countries of the Economic Community of … aid on economic growth among these ECOWAS countries was found to be positive and strong. Other important drivers of … equation on foreign aid indicated that domestic investment, exports, and international reserves have a positive relationship …
Persistent link: https://www.econbiz.de/10010225334
This paper studied whether the complementarity between financial development and foreign aid promotes economic growth … from 1994 to 2014. Although (1) aid-growth and (2) finance-growth studies have been conclusively dealt with, the role of … financial development in the aid-growth nexus has been hardly researched. Is financial development a channel through which …
Persistent link: https://www.econbiz.de/10011960117
Abstract The study has examined the impact of foreign aid on investment and economic growth in Ethiopia over the period … 1970 to 2009 using multivariate cointegration analysis. The empirical result from the investment equation shows that aid … has a significant positive impact on investment in the long run. On the other hand, volatility of aid by creating …
Persistent link: https://www.econbiz.de/10009325600