Aid and growth: A study of South East Asia

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dc.contributor.authorBurke, Paul
dc.contributor.authorAhmadi-Esfahani, Fredoun Z
dc.date.accessioned2015-12-10T22:31:10Z
dc.date.issued2006
dc.date.updated2015-12-09T10:08:28Z
dc.description.abstractThe success of foreign aid in promoting economic growth in developing nations is an issue of considerable controversy. In this article, the effectiveness of aid in promoting growth in three South East Asian countries - Thailand, Indonesia and the Philippines - is empirically tested, using a simultaneous-equation model in which growth and savings are jointly determined. The results indicate that aid had an insignificant effect on the growth rates of the three nations during 1970-2000 and did not displace domestic savings. The findings appear valid for both before and during the Asian financial crisis and underline the importance of exports and foreign direct investment in the South East Asian growth experience.
dc.identifier.issn1049-0078
dc.identifier.urihttp://hdl.handle.net/1885/55423
dc.publisherElsevier
dc.sourceJournal of Asian Economics
dc.subjectKeywords: Aid effectiveness; Economic growth; Foreign aid; South East Asia
dc.titleAid and growth: A study of South East Asia
dc.typeJournal article
local.bibliographicCitation.issue2006
local.bibliographicCitation.lastpage362
local.bibliographicCitation.startpage350
local.contributor.affiliationBurke, Paul, College of Asia and the Pacific, ANU
local.contributor.affiliationAhmadi-Esfahani, Fredoun Z, University of Sydney
local.contributor.authoremailu4372088@anu.edu.au
local.contributor.authoruidBurke, Paul, u4372088
local.description.embargo2037-12-31
local.description.notesImported from ARIES
local.identifier.absfor140202 - Economic Development and Growth
local.identifier.absseo910103 - Economic Growth
local.identifier.ariespublicationu4002919xPUB328
local.identifier.citationvolume17
local.identifier.doi10.1016/j.asieco.2006.02.006
local.identifier.scopusID2-s2.0-33749413315
local.identifier.uidSubmittedByu4002919
local.type.statusPublished Version

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