کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
991744 1481161 2014 10 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
The Impact of Aid and Public Investment Volatility on Economic Growth in Sub-Saharan Africa
ترجمه فارسی عنوان
تاثیر کمک و نوسانات سرمایه گذاری عمومی بر رشد اقتصادی در کشورهای جنوب صحرای آفریقا
کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی

SummaryThis study investigates the effects of aid inflows and the volatility of public investment on economic growth in 26 Sub-Saharan African countries over the period from 1992 to 2011. Three volatility variables comprising aid, government revenue, and public investment are incorporated into an aid-growth model to test for their effect on economic growth. Using the Generalized Method of Moments (GMM) technique and averaged data for five four-year sub-periods, we show that although foreign aid has a positive impact on growth once potential endogeneity has been accounted for, aid effectiveness may have been eroded by volatility in public investment.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: World Development - Volume 57, May 2014, Pages 138–147
نویسندگان
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