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 |
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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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