Quazi, Rahim M - In: Journal of Developing Areas 38 (2004) 2, pp. 95-117
This study estimates an aid-growth model and an aid-fiscal model to quantify the effects of foreign aid on GDP growth and fiscal behavior in Bangladesh over the 1973-1999 period. The aid-growth model applies the cointegration method to a neoclassical growth model and finds that aid has marginal...