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http://dx.doi.org/10.1017/CBO9780511560002.009

has been cited by the following article:

• TITLE: Foreign Aid’s Effect on Economic Growth, New Results from WAEMU’s Countries

  AUTHORS: Badamassi Aboubacar, Deyi Xu, Amadou Maiga Ousseini

  KEYWORDS: Foreign Aid, WAEMU, Within-Dimension Estimators, Between-Dimension Estimators

  JOURNAL NAME: Theoretical Economics Letters, Vol.5 No.3, June 29, 2015

  ABSTRACT: This study investigates whether foreign aid (AID) has a significant influence on economic growth in WAEMU’s (West African Economic and Monetary Union) countries. We use two (2) types of aid data: aggregate aid and disaggregate aid (aid in education, aid in agriculture, aid in trade policies and regulations and humanitarian aid) to run two (2) different regressions. Both the within-dimension and between-dimension estimators reveal that in the long run, the effect of AID on economic growth is heterogeneous across sectors and aid in agriculture, aid in trade policies and regulations as well as aid in education encourages economic growth.