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- Title
EKONOMIK BÜYÜME VE DIŞ YARDIMLAR ILIŞKISI: MISIR IÇIN BIR NEDENSELLIK ANALIZI.
- Authors
EĞRI, Taha
- Abstract
In order to achieve economic growth and development, many developing countries are looking for foreign capital. In this study, the relationship between the economic growth and foreign aid was investigated in terms of Egypt. In the analysis, the data for the years 1970-2015 are considered and the relationship between GDP and total amount of foreign aid, GDP ratio of total external debt stock, trade openness (ratio of import and export sum to GDP) and fixed capital formation with respect to GDP was tested. With this respect, the existence of a long-term relationship was tested using the vector error correction model. According to the results, the long-term relationship between variables in the model were found significant with negative sign as expected. On the other hand, when we looked for the short-term relationships, we find no significant relationship between foreign aid, openness and debt and growth. It is concluded that only the fixed capital formation is meaningful and positive relation with the economic growth.
- Publication
International Journal of Economic & Social Research, 2018, Vol 14, p31
- ISSN
1306-2174
- Publication type
Academic Journal