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