援助流入与经济增长:以肯尼亚为例的赠款和贷款

Q4 Economics, Econometrics and Finance

Journal of economic development Pub Date : 2020-01-01 DOI:10.35866/CAUJED.2020.45.4.002

Sang-Chul Yoon, J. S. Mah

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引用次数: 0

摘要

本文比较了赠款和优惠贷款对肯尼亚经济增长的影响，并考察了不同程度的政治自由是否会影响到这一点。自回归分布滞后方差界检验和误差修正模型表明，投资对经济增长有显著的促进作用。几乎没有证据表明与全球化相关的变量会导致经济增长。赠款似乎对经济增长产生了负面影响，而没有明显证据表明减让性贷款产生了影响。这意味着肯尼亚需要追求自己的经济发展战略，而不是依赖援助流入。赠款或贷款对经济增长的影响并不以肯尼亚的政治自由程度为条件。

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Aid Inflows and Economic Growth: Grants and Loans in the Case of Kenya

The present paper compares the impact of grants and concessional loans on economic growth in Kenya and examines whether or not different degrees of political freedom influence this. Autoregressive distributed lags variance bounds tests and error correction models indicate that investment caused economic growth significantly. There is little evidence of globalization-related variables causing economic growth. Grants appear to have affected economic growth negatively, while there is no significant evidence of an effect of concessional loans. This implies that Kenya needs to pursue its own economic development strategy not relying on aid inflows. The impact of grants or loans on economic growth is revealed to be not conditional upon the degree of political freedom in Kenya.

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来源期刊

Journal of economic development Economics, Econometrics and Finance-Economics and Econometrics

CiteScore

0.70

自引率

0.00%

发文量

期刊介绍： The Journal of Economic Development (JED) promotes and encourages research that aim at economic development and growth by publishing papers of great scholarly merit on a wide range of topics and employing a wide range of approaches. JED welcomes both theoretical and empirical papers in the fields of economic development, economic growth, international trade and finance, labor economics, IO, social choice and political economics. JED also invites the economic analysis on the experiences of economic development in various dimensions from all the countries of the globe.