Jurnal Ekonomi Malaysia
48 (1) 2014 63 – 73
Sekolah Pengajian Siswazah
Universiti Putra Malaysia
43400 Serdang, Selangor
MALAYSIA
Fakulti Ekonomi dan Pengurusan
Universiti Putra Malaysia
43400 UPM Serdang, Selangor
MALAYSIA
Fakulti Ekonomi dan Pengurusan
Universiti Putra Malaysia
43400 UPM Serdang, Selangor
MALAYSIA
Fakulti Ekonomi dan Pengurusan
Universiti Putra Malaysia
43400 UPM Serdang, Selangor
MALAYSIA
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.
Keywords
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Bibliography
@article{mohamed2014impact,
title={Impact of Foreign Aid and Foreign Direct Investment on Economic Growth: Evidence from Sub-Saharan African Countries},
author={Mohamed, Masoud Rashid and Kaliappan, Shivee and Ismail, Normaz Wana and Azman-Saini, W.N.W.},
journal={Jurnal Ekonomi Malaysia},
volume={48},
number={1},
pages={63—73},
}
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