Foreign aid and economic growth: New evidence from a panel data approach for five South Asian countries

被引:55
|
作者
Asteriou, Dimitrios [1 ]
机构
[1] City Univ London, Dept Econ, London EC1V 0HB, England
关键词
Foreign aid; Economic growth; Panel data econometrics; DYNAMIC HETEROGENEOUS PANELS;
D O I
10.1016/j.jpolmod.2008.04.012
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper investigates the long-run relationship between foreign aid and economic growth using a panel data Set comprising of five South Asian economies. Using the recently developed panel unit root tests, mean g,roup and pooled mean group estimation techniques on cross-country panel data, the paper finds support of the theoretical hypothesis of a positive relationship between aid and GDP growth. (C) 2008 Society for Policy Modeling. Published by Elsevier Inc. All rights reserved.
引用
收藏
页码:155 / 161
页数:7
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