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Aid And Growth: Empirical Evidence From Pacific Island Countries

Author

Listed:
  • T.K. JAYARAMAN
  • EVAN LAU

Abstract

The Pacific island countries (PICs) have been among the world’s top ten recipients of official development assistance (ODA) on a per capita basis. This paper seeks to examine the effectiveness of external aid by undertaking a panel data study covering five countries in the South Pacific, namely Fiji, Samoa, Solomon Islands, Tonga and Vanuatu utilizing the annual data over a twenty-five year period.

Suggested Citation

  • T.K. Jayaraman & Evan Lau, 2011. "Aid And Growth: Empirical Evidence From Pacific Island Countries," Journal of Academic Research in Economics, Spiru Haret University, Faculty of Accounting and Financial Management Constanta, vol. 3(2 (July)), pages 122-135.
    • Handle: RePEc:shc:jaresh:v:3:y:2011:i:2:p:122-135
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    More about this item

    Keywords

    Pacific Islands; foreign aid; growth; panel cointegration; Pedroni tests;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • F35 - International Economics - - International Finance - - - Foreign Aid

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