Aid and Growth in Small Island Developing States

被引:23
|
作者
Feeny, Simon [1 ]
McGillivray, Mark [2 ]
机构
[1] RMIT Univ, Sch Econ Finance & Mkt, Melbourne, Vic 3000, Australia
[2] Deakin Univ, Geelong, Vic 3217, Australia
来源
JOURNAL OF DEVELOPMENT STUDIES | 2010年 / 46卷 / 05期
基金
澳大利亚研究理事会;
关键词
D O I
10.1080/00220381003623889
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
Aid flows to small island developing states (SIDS) are enormous by international standards when compared to the size of their economies. Yet these countries face many severe economic challenges and many have experienced declines in the living standards of their citizens. This paper looks at the impact of aid on what is treated as a necessary precondition for improvements in living standards, typically defined. Specifically, it examines the impact of foreign aid on real per capita income growth in SIDS by econometrically analysing cross-country data for the period 1980 to 2004. A variety of econometric techniques and measures of aid are used. Results suggest that foreign aid is effective at spurring economic growth but with diminishing returns.
引用
收藏
页码:897 / 917
页数:21
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