Foreign Aid and Economic Growth: Panel Cointegration Analysis for Cambodia, Lao PDR, Myanmar, and Vietnam

Given the paradoxical results of impact studies of foreign aid on economic growth in aid-growth literature, the effectiveness of aid for growth still remains a subject of intense debate. Thus, applying panel cointegration tests, and panel fully modified ordinary least squares (FMOLS) and panel dynam...

Full description

Bibliographic Details
Main Authors: Pahlaj Moolio, Somphyvatanak Kong
Format: Article
Language:English
Published: Athens Institute for Education and Research 2016-10-01
Series:Athens Journal of Business & Economics
Subjects:
Online Access:https://www.athensjournals.gr/business/2016-2-4-6-Moolio.pdf