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Long-run growth empirics and new challenges for unified theory

✍ Scribed by Greasley, David; Madsen, Jakob B.; Wohar, Mark E.


Book ID
120175363
Publisher
Taylor and Francis Group
Year
2013
Tongue
English
Weight
570 KB
Volume
45
Category
Article
ISSN
0003-6846

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Foreign aid and long-run economic growth
✍ 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