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Foreign capital and economic growth of developing countries: Debt VS. Equity

โœ Scribed by Basu Sharma


Book ID
110649357
Publisher
Springer-Verlag
Year
1986
Tongue
English
Weight
549 KB
Volume
21
Category
Article
ISSN
0039-3606

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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