Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
9549556 | Economics Letters | 2005 | 5 Pages |
Abstract
This paper investigates the causal relationship between time series of foreign aid, income per capita and investment for 45 developing countries. Wald tests on VAR coefficients cannot reject the hypothesis of no causal relationship between aid and economic performance.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Carsten Burhop,