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Development aid and economic growth: A positive long-run relation

โœ Scribed by Camelia Minoiu; Sanjay G. Reddy


Book ID
113871732
Publisher
Elsevier Science
Year
2010
Tongue
English
Weight
768 KB
Volume
50
Category
Article
ISSN
1062-9769

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Foreign aid and long-run economic growth
โœ Georgios Karras ๐Ÿ“‚ Article ๐Ÿ“… 2005 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 122 KB ๐Ÿ‘ 1 views

This paper investigates the relationship between foreign aid and growth in per capita GDP using annual data from the 1960 to 1997 period for a sample of 71 aid-receiving developing economies. The results show that the effect of foreign aid on economic growth is positive, permanent, statistically sig