Is there a long-run relationship between ODA and GDP? The case India

被引：2

作者：

Dawson, PJ ^{[1
]}

Tiffin, R

机构：

[1] Univ Newcastle Upon Tyne, Newcastle Upon Tyne NE1 7RU, Tyne & Wear, England

[2] Univ Durham, Durham DH1 3HP, England

来源：

APPLIED ECONOMICS LETTERS | 1999年 / 6卷 / 05期

关键词：

D O I：

10.1080/135048599353212

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The existence of a long-run relationship between ODA and per capita GDP in India is examined using annual data for 1961-92. A necessary condition for such a relationship is that the two series are integrated of the same order. Unit root tests indicate that ODA is I(0) while GDP is I(1), hence no long-run relationship exists. Thus, at the macroeconomic level, aid neither stimulates economic development nor detracts from it. A corollary is that aid is not responsive to changes in India's income.

引用

页码：275 / 277

页数：3

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