Citation
Mohamed, Masoud Rashid and Kaliappan, Shivee Ranjanee and Ismail, Normaz Wana and Wan Ngah, Wan Azman Saini
(2014)
Impact of foreign aid and foreign direct investment on economic growth: evidence from Sub-Saharan African countries.
Jurnal Ekonomi Malaysia, 48 (1).
pp. 63-74.
ISSN 0126-1962
Abstract
The purpose of this study is to examine the impact of foreign aid and FDI on economic growth of Sub-Saharan African countries. The generalized method of moments is applied on 41 countries covering the period of 1998 to 2010. The results suggest that while foreign aid has negative effect on growth, the impact of FDI is positive but statistically insignificant. Furthermore, we found evidence that foreign aid from different bilateral donors may have different effects on economic growth.
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Additional Metadata
| Item Type: | Article |
|---|---|
| Divisions: | Faculty of Economics and Management School of Graduate Studies |
| Publisher: | Penerbit Universiti Kebangsaan Malaysia |
| Keywords: | Foreign aid; Foreign direct investment; Economic growth; Sub-Saharan Africa; Generalized method of moments |
| Depositing User: | Nabilah Mustapa |
| Date Deposited: | 15 Dec 2015 03:35 |
| Last Modified: | 15 Dec 2015 03:35 |
| URI: | http://psasir.upm.edu.my/id/eprint/37948 |
| Statistic Details: | View Download Statistic |
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