The Real Exchange Rate, Foreign Aid and Macroeconomic Transmission Mechanisms in Tanzania and Ghana
TLDR
A recent study of 36 sub-Saharan African countries found a positive impact of aid in the majority of these countries as discussed by the authors, however, for Tanzania and Ghana, two major aid recipients, aid did not seem to...Abstract:
A recent study of 36 sub-Saharan African countries found a positive impact of aid in the majority of these countries. However, for Tanzania and Ghana, two major aid recipients, aid did not seem to ...read more
Citations
More filters
Likelihood Based Inference In Cointegrated Vector Autoregressive Models
TL;DR: Perhaps you have knowledge that, people have look hundreds of times for their chosen books like this likelihood based inference in cointegrated vector autoregressive models, but end up in harmful downloads.
Journal ArticleDOI
What Is the Aggregate Economic Rate of Return to Foreign Aid
TL;DR: In this paper, the authors employ a simulation approach to validate the coherence of empirical aid-growth studies published since 2008 and calculate plausible ranges for the rate of return to aid, highlighting the long run nature of aid-financed investments and the importance of channels other than accumulation of physical capital.
Journal ArticleDOI
Foreign aid and growth nexus: Empirical evidence from India and Sri Lanka
TL;DR: In this article, the authors examined the relationship between foreign aid and economic growth for India and Sri Lanka using annual time series data from 1960-61 to 2014-15 using various time series techniques such as Johansen-Juselius test, Granger causality test and VAR modelling to find out the short-run and long-run equilibrium dynamics among the variables under consideration.
Journal ArticleDOI
Revisiting cross-country poverty convergence in the developing world with a special focus on Sub-Saharan Africa
TL;DR: This paper revisited cross-country poverty convergence using data from the same sources but an extended period of 1980-2014, and found that while poverty convergence remains absent across LDCs, it is present in Sub-Saharan Africa (SSA) during the extended period.
Journal ArticleDOI
Do foreign aid triggers economic growth in Chad? A time series analysis
TL;DR: In this paper, the authors explored the dynamic influence of gross capital formation, foreign aid, import, and export on Chad's economic growth using the wavelet coherence test, which showed the pattern and behavior of the variables used, including the different time horizons.
References
More filters
Book
Likelihood-Based Inference in Cointegrated Vector Autoregressive Models
TL;DR: In this paper, a detailed mathematical and statistical analysis of the cointegrated vector autoregresive model is given, with the main emphasis on the derivation of estimators and test statistics through a consistent use of the Guassian likelihood function.
Journal ArticleDOI
Five alternative methods of estimating long-run equilibrium relationships
TL;DR: In this article, the authors compared several methods (ordinary least squares, nonlinear least square, maximum likelihood in an error correction model, principal components, and canonical correlations) of estimating cointegrating vectors.
Book
The cointegrated VAR model : methodology and applications
TL;DR: In this paper, a model and relations in economics and economics and Econometrics are discussed. But the authors focus on the Cointegration rank and do not discuss the relationship between the model and the model.
Likelihood Based Inference In Cointegrated Vector Autoregressive Models
TL;DR: Perhaps you have knowledge that, people have look hundreds of times for their chosen books like this likelihood based inference in cointegrated vector autoregressive models, but end up in harmful downloads.
Journal ArticleDOI
Explaining Cointegration Analysis: Part II
TL;DR: In this paper, the authors discuss the importance of stationarity for empirical modeling and inference, explain the effects of incorrectly assuming stationarity, and formulate a class of nonstationary processes (autoregressions with unit roots) that seem empirically relevant for analyzing economic time series.