Foreign aid and government fiscal behaviour in developing countries: Panel data evidence
β Scribed by B. Ouattara
- Book ID
- 116423658
- Publisher
- Elsevier Science
- Year
- 2006
- Tongue
- English
- Weight
- 106 KB
- Volume
- 23
- Category
- Article
- ISSN
- 0264-9993
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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
## Abstract This note adds to the research which questions the recent influential view that recipient country's βpoliciesβ play an important role in the effect of foreign aid on economic growth in developing countries. In the first step, the almost universal practice of imposing the constraint of e