Fumitaka, Furuoka (2008) A dynamic model of foreign aid allocation. Economics Bulletin, 15 (8). ISSN 1545-2921
Full text not available from this repository.Abstract
This paper uses the Generalized Method of Moments (GMM)-type of estimator of Arellano and Bond (1991) to analyze the dynamics of adjustment in foreign aid allocation over the period 2000-2005. The empirical findings reveal a complex nature of foreign aid allocations. On the one hand, the static panel data models indicated that aid donors tended to provide . larger amounts of foreign aid to the poorer developing nations which were in a greater need, for the development assistance. On the other hand, the dynamic panel data models indicated contradicted results, where relatively wealthy developing countries have received larger amounts of foreign aid.
| Item Type: | Article |
|---|---|
| Keyword: | Dynamic model, Foreign aid allocation |
| Subjects: | H Social Sciences > HC Economic history and conditions |
| Department: | SCHOOL > School of Business and Economics |
| Depositing User: | ADMIN ADMIN |
| Date Deposited: | 04 Apr 2011 17:08 |
| Last Modified: | 30 Dec 2014 12:42 |
| URI: | https://eprints.ums.edu.my/id/eprint/2679 |
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