Impact of foreign aid and foreign direct investment on economic growth: evidence from Sub-Saharan African countries

Masoud Rashid Mohamed, and Shivee Ranjanee Kaliappan, and Normaz Wana Ismail, and Azman-Saini, W. N. W (2014) Impact of foreign aid and foreign direct investment on economic growth: evidence from Sub-Saharan African countries. Jurnal Ekonomi Malaysia, 48 (1). pp. 63-73. ISSN 0127-1962

[img]
Preview
PDF
721kB

Official URL: http://www.ukm.my/fep/jem/index.html

Abstract

The purpose of this study is to examine the impact of foreign aid and FDI on economic growth of Sub-Saharan African countries. The generalized method of moments is applied on 41 countries covering the period of 1998 to 2010. The results suggest that while foreign aid has negative effect on growth, the impact of FDI is positive but statistically insignificant. Furthermore, we found evidence that foreign aid from different bilateral donors may have different effects on economic growth.

Item Type:Article
Keywords:Foreign aid; foreign direct investment; economic growth; Sub-Saharan Africa; Generalized Method of Moments
Journal:Jurnal Ekonomi Malaysia
ID Code:8405
Deposited By: ms aida -
Deposited On:19 Mar 2015 13:41
Last Modified:14 Dec 2016 06:47

Repository Staff Only: item control page