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Has ODA contributed to growth? An assessment of the impact of Japanese ODA

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  • Momita, Yasuaki
  • Matsumoto, Tomoya
  • Otsuka, Keijiro

Abstract

Japanese ODA is uniquely different from that of Western countries in its strategic focus on economic growth. This paper examines whether it has indeed contributed to economic growth in its partner countries, as an attempt to respond to the question of how ODA can promote growth. It employs an econometric analysis using a panel dataset of 117 countries from 1980 to 2010 and disaggregated ODA flows from five major donors and the sum of all the other donors. Our study finds that Japanese ODA is positively associated with industrial growth in its partner countries, through which it has contributed to their economic growth.

Suggested Citation

  • Momita, Yasuaki & Matsumoto, Tomoya & Otsuka, Keijiro, 2019. "Has ODA contributed to growth? An assessment of the impact of Japanese ODA," Japan and the World Economy, Elsevier, vol. 49(C), pages 161-175.
    • Handle: RePEc:eee:japwor:v:49:y:2019:i:c:p:161-175
    DOI: 10.1016/j.japwor.2018.11.002
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    2. Saida Daly & Nihel Benali & Manal Yagoub, 2022. "Financing Sustainable Development, Which Factors Can Interfere?: Empirical Evidence from Developing Countries," Sustainability, MDPI, vol. 14(15), pages 1-22, August.
    3. Vathanak Chet, 2022. "The Impacts of FDI, ODA, and LS on Gross Domestic Product in Cambodia: A Comparative Analysis," Technium Social Sciences Journal, Technium Science, vol. 29(1), pages 259-270, March.

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