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Foreign Exchange and Economic Development: An Empirical Study of Selected Latin American Countries

✍ Scribed by Benton F. Massell, Scott R. Pearson and James B. Fitch

Book ID
125763726
Publisher
MIT Press
Year
1972
Tongue
English
Weight
211 KB
Volume
54
Category
Article
ISSN
0034-6535

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Foreign aid and long-run economic growth
Foreign aid and long-run economic growth: empirical evidence for a panel of developing countries
✍ Georgios Karras πŸ“‚ Article πŸ“… 2005 πŸ› John Wiley and Sons 🌐 English βš– 122 KB πŸ‘ 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