Does foreign aid really attract foreign investors? New evidence from panel cointegration

被引：7
|
作者：
Donaubauer, Julian [1 ]
机构：
[1] Helmut Schmidt Univ, Dept Econ, D-22043 Hamburg, Germany
来源：
APPLIED ECONOMICS LETTERS | 2014年 / 21卷 / 15期
关键词：
foreign direct investment; foreign aid; panel cointegration; TESTS; INVESTMENT;
D O I：
10.1080/13504851.2014.909570
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This article examines whether foreign aid contributes to attracting foreign direct investment (FDI) in aid receiving countries. Using both homogeneous and heterogeneous panel cointegration techniques, I find that the effect of foreign aid on FDI is negative. This is in contrast to previous studies that usually found a positive association between aid and FDI.
引用
收藏
页码：1094 / 1098
页数：5
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