Conceptualizing Global Investment Evaluation Model by Understanding the Environmental Key Risk Variables and their Impacts on the Market Size of the Hotel Industry

Chung, Jellna; Choi, Jeong Gil

doi:10.17549/gbfr.2018.23.3.68

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2019

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“…  is an error term. For the dependent variables,   refers to lagged GDP per capita growth in developing country i in a given time t. GDP is frequently used as a macroeconomic indicator of a country and as a lagged variable to deal with endogeneity issues (Mustafa & Rahman, 2015;Choi et al, 2017;Chung & Choi, 2018).   is the logarithm of final general government consumption expenditures, which is a representative variable from fiscal response studies.…”

Section: ⅱ Data and Methodologymentioning

confidence: 99%

Effectiveness of Aid Modalities on Government Financing: with Reference to Tanzania

Han¹,

Oh²

2019

Glob Bus Financ Rev

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A B S T R A C TThis study empirically tests the effectiveness of two main aid modalities, conventional project-type aid and modern program-type aid, on a country's economic growth and its budget expenditures. With respect to growth, neither type of aid showed a significant positive effect. In terms of fiscal response, however, both modalities indeed appeared to increase public expenditures in partner countries. This study specifically examines the case of Tanzania, among the countries where program-based approach (PBA) is most active. Tanzanian data support the abovementioned empirical findings; the country's PBA, a specifically results-based approach (RBA) as an advanced version of PBA, is indeed positively related to government expenditures.

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Section: ⅱ Data and Methodologymentioning

confidence: 99%