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

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 group 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.

MoreLess

Year of publication:	2009
Authors:	Asteriou, Dimitrios
Published in:	Journal of Policy Modeling. - Elsevier, ISSN 0161-8938. - Vol. 31.2009, 1, p. 155-161
Publisher:	Elsevier
Keywords:	Foreign aid Economic growth Panel data econometrics

More details

Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005384181