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.
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页码：275 / 277
页数：3
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