Citation
Abstract
This study contributes to the empirics of foreign aid and income inequality by investigating the effect of foreign aid on income inequality in recipient countries based on the disaggregation of foreign aid figures. For this purpose we include the four main sectoral foreign aid (social sector, production sector and multi sector) as determinants of income inequality. This study utilizied the Generalized Method of Moments (GMM) method for a panel of 75 foreign aid recipient countries covering the period of 1995-2009. The results indicated that different sectoral foreign aid affected income inequality differently. Aid to economic sector has significant impact in reducing the income inequality. In contrast, aid to multi sector significantly increased income inequality.
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Additional Metadata
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Divisions: | Faculty of Economics and Management |
| Publisher: | Conference Master Resources |
| Keywords: | Foreign aid; Income inequality; Generalized method of moments (GMM) |
| Depositing User: | Erni Suraya Abdul Aziz |
| Date Deposited: | 27 Mar 2015 09:20 |
| Last Modified: | 27 Mar 2015 09:20 |
| URI: | http://psasir.upm.edu.my/id/eprint/26806 |
| Statistic Details: | View Download Statistic |
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