FOREIGN AID AND ECONOMIC GROWTH : Evidence from three Southeast Asian developing countries
Previous studies show ambiguous results on how aid affect growth. In order to find out if aid has a positive effect on growth in Southeast Asia, I study Indonesia, Malaysia and Philippines during 1990-2019. By using the Mankiw-Romer-Weil version of Solow model, I find aid has a negative long-term ef...
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| Format: | Others |
| Language: | English |
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Umeå universitet, Nationalekonomi
2021
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| Online Access: | http://urn.kb.se/resolve?urn=urn:nbn:se:umu:diva-185338 |
| Summary: | Previous studies show ambiguous results on how aid affect growth. In order to find out if aid has a positive effect on growth in Southeast Asia, I study Indonesia, Malaysia and Philippines during 1990-2019. By using the Mankiw-Romer-Weil version of Solow model, I find aid has a negative long-term effect and no short-term effect on growth. |
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