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Aid and Economic Growth in Ldcs

Evidence from Sub-Saharan Africa

Bibliographic Data

ID10430646
AuthorsKwabena Gyimah-Brempong, Kwabena Gyimah‐Brempong (corresponding author)
Year1992
Volume20
Issue3
Pages31-52
Publication date1992-03-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Review of Black Political Economy (JOURNAL)
Journal identifiersISSN: 0034-6446 • E-ISSN: 1936-4814
PublisherSAGE Publishing (PUBLISHER • US)
DOI10.1007/bf02689933
OpenAlexW1993891876
LanguageEN
Citations received2
References cited5

This paper uses a disaggregated cross-national time-series aid data and a Least Squares Dummy Variables (LSDV) model to investigate the effects of aid on economic growth in Sub-Saharan Africa. We find that, contrary to what some critics of aid argue, aid has a small but positive and significant effect on economic growth in Sub-Saharan Africa. A simultaneous equation specification of the model shows that aid affects economic growth in Sub-Saharan Africa directly and indirectly through increased domestic savings and investment

Aid effectiveness · Developing country · Development economics · Econometrics · Economic growth · Economics · Growth model · International economics · Investment (military · Macroeconomics · Political science · Politics · Simultaneous equations model · Economic Growth and Development · Fiscal Policy and Economic Growth · International Development and Aid

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  • Specification Tests in Econometrics

    Jerry A Hausman•Econometrica•1978

  • On exports and economic growth

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    Open Access•P T Bauer, Peter Bauer•Scottish Journal of Political…•1969

  • Is Foreign Aid Fungible? The Case of Indonesia

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Unique citing works2
Citations per year0,11
Citation span2008 - 2020 (13)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 2

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