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논문 기본 정보
- 자료유형
- 학술저널
- 저자정보
- 발행연도
- 2005.1
- 수록면
- 71 - 80 (10page)
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The relationship between foreign aid and economic growth is investigated for a panel of developing countries (Botswana, Ethiopia, India, Kenya, Sri-Lanka, and Tanzania) over the period 1974-1996. The results reveal that the variables contain a panel unit root and they cointegrate in a panel perspective. The long-run elasticities (close to one for most countries) show that foreign aid has a positive and significant effect on economic activity for each country in the sample. A policy implication which may be drawn from the study is that foreign capital flows can have a favorable effect on real income by supplementing domestic savings.
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참고문헌 (24)
참고문헌 신청
/ 1970 / Oxford University Institute of Economics and Statistics 32 : 99 ~ 112
/ 1972a / “An econometric test of alternative constraints on economic growth of underdeveloped countries ” Review of Economics and Statistics 54 : 67 ~ 78
/ 1972b / “The impact of foreign capital flow on domestic savings in underdeveloped countries ” Journal of International Economics 2 : 25 ~ 38
/ 1973 / savings and growth in less developed countries Journal of Political Economy 81 : 120 ~ 130
/ 1975 / An example of the simultaneous equations problem A note on foreign assistance eco (mic development and cultural change 24) : 751 ~ 756
/ 1972a / “An econometric test of alternative constraints on economic growth of underdeveloped countries ” Review of Economics and Statistics 54 : 67 ~ 78
/ 1972b / “The impact of foreign capital flow on domestic savings in underdeveloped countries ” Journal of International Economics 2 : 25 ~ 38
/ 1973 / savings and growth in less developed countries Journal of Political Economy 81 : 120 ~ 130
/ 1975 / An example of the simultaneous equations problem A note on foreign assistance eco (mic development and cultural change 24) : 751 ~ 756
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