Does foreign aid promote economic growth in Sudan ? : evidence from ARDL bounds testing analysis
Joint Authors
Mustafa, Muhammad al-Hajj
al-Shaykh, Manal Mahjub
Ubayd Allah, Ubayd Allah Mahjub
Source
Economic Research Forum : Working Paper Series
Issue
Vol. 2018, Issue 1172-1274 (31 Dec. 2018)28 p.
Publisher
Economic Research Forum for the Arab Countries Iran and Turkey
Publication Date
2018-12-31
Country of Publication
Egypt
No. of Pages
28
Main Subjects
Topics
Abstract EN
This study examines the relationship between foreign aid and economic growth in Sudan using autoregressive distrusted lag (ARDL) bounds tests.
Relying on time series data spanned over the period 1980 to 2015, the findings reveal that there is a long run relationship between variables under consideration.
Specifically, the findings show that foreign aid in the form of official development assistance (ODA) has a positive and significant long run impact on economic growth in Sudan.
However, the interaction between aid and corruption in public institutions imposes a negative and significant long run impact on economic growth.
Interestingly, the findings indicate that aid deters economic growth in the short run.
This outcome may stand as indication that aid spurs economic growth via its contributions to human capital and improving infrastructural facilities both of which become rewarding in the long run.
The paper concludes with the importance of utilizing aid in enhancing human capital capacities in order to boost economic growth.
American Psychological Association (APA)
Mustafa, Muhammad al-Hajj& al-Shaykh, Manal Mahjub& Ubayd Allah, Ubayd Allah Mahjub. 2018. Does foreign aid promote economic growth in Sudan ? : evidence from ARDL bounds testing analysis. Economic Research Forum : Working Paper Series،Vol. 2018, no. 1172-1274.
https://search.emarefa.net/detail/BIM-957276
Modern Language Association (MLA)
Mustafa, Muhammad al-Hajj…[et al.]. Does foreign aid promote economic growth in Sudan ? : evidence from ARDL bounds testing analysis. Economic Research Forum : Working Paper Series No. 1172-1274 (Dec. 2018).
https://search.emarefa.net/detail/BIM-957276
American Medical Association (AMA)
Mustafa, Muhammad al-Hajj& al-Shaykh, Manal Mahjub& Ubayd Allah, Ubayd Allah Mahjub. Does foreign aid promote economic growth in Sudan ? : evidence from ARDL bounds testing analysis. Economic Research Forum : Working Paper Series. 2018. Vol. 2018, no. 1172-1274.
https://search.emarefa.net/detail/BIM-957276
Data Type
Journal Articles
Language
English
Notes
Includes appendices : p. 17-26
Record ID
BIM-957276