官方发展援助、制度质量和经济增长之间的关系:来自CLMV国家的证据

IF 1.6 Q3 BUSINESS, FINANCE

Australasian Accounting Business and Finance Journal Pub Date : 2023-01-01 DOI:10.14453/aabfj.v17i3.04

Wee‐Yeap Lau, Tien-Ming Yip

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引用次数: 0

摘要

本研究考察了2002年至2017年柬埔寨、老挝、缅甸和越南(CLMV)国家特定国家官方发展援助(ODA)和制度质量对经济增长的影响。研究结果表明:首先，德国、日本和法国的官方发展援助对经济增长的影响取决于CLMV国家的制度质量水平。当制度质量较低时，官方发展援助对经济增长产生负面影响。在体制质量的门槛之外，官方发展援助促进经济增长。其次，在控制了模型中的异常值和内生性后，结果具有鲁棒性。第三，进一步分析表明，制度质量的缓解效应通过劳动生产率和人力资本增长两个渠道发挥作用。根据调查结果，本研究向捐助国和官方发展援助受援国提出了一些必要的政策建议。

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Nexus Between Official Development Aid, Institutional Quality and Economic Growth: Evidence from CLMV countries

This study examines the effect of country-specific Official Development Aid (ODA) and institutional quality on economic growth for Cambodia, Laos, Myanmar, and Vietnam (CLMV) countries from 2002 to 2017. Our results indicate that: First, the impact of ODA from Germany, Japan and France on economic growth is conditional on the level of institutional quality of CLMV countries. The ODA has a negative impact on growth when institutional quality is low. Beyond a threshold of institutional quality, ODA promotes economic growth. Second, the results are robust after controlling for outliers and endogeneity in the model. Third, the further analysis provides evidence that the mitigating effect of institutional quality works through both labour productivity and human capital growth channel. Based on the findings, this study offers some imperative policy recommendations to both donor countries and ODA recipients.

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来源期刊

Australasian Accounting Business and Finance Journal BUSINESS, FINANCE-

CiteScore

3.90

自引率

15.80%

发文量

审稿时长

24 weeks

期刊介绍： The Australasian Accounting, Business and Finance Journal is a double blind peer reviewed academic journal. The main focus of our journal is to encourage research from areas of social and environmental critique, exploration and innovation as well as from more traditional areas of accounting, finance, financial planning and banking research. There are no fees or charges associated with submitting to or publishing in this journal.