AID AND GROWTH: EMPIRICAL EVIDENCE FROM PACIFIC ISLAND COUNTRIES Cover Image
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AID AND GROWTH: EMPIRICAL EVIDENCE FROM PACIFIC ISLAND COUNTRIES
AID AND GROWTH: EMPIRICAL EVIDENCE FROM PACIFIC ISLAND COUNTRIES

Author(s): Evan Lau, T.K. JAYARAMAN
Subject(s): Economy
Published by: Universitatea SPIRU HARET - Faculty of Accounting and Financial Management
Keywords: Pacific Islands; foreign aid; growth; panel cointegration; Pedroni tests

Summary/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.

  • Issue Year: 2011
  • Issue No: 2
  • Page Range: 122-135
  • Page Count: 14
  • Language: English