Effect of sectoral foreign aid allocation on growth and structural transformation in sub-Saharan Africa—Analysing the roles of institutional quality and human capital

Haldar, Anasuya; Sethi, Narayan

doi:10.1016/j.eap.2022.10.009

Cited by 7 publications

(2 citation statements)

References 67 publications

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“…To assure a robust model, autocorrelation and heteroscedasticity tests were carried out as suggested by Haldar and Sethi (2022) and Gujarati and Porter (2009). The Wald test, modified for heteroscedasticity presented χ 2 (206) = 824.16 and Prob > χ 2 = 0.0000, rejecting the null hypothesis (H 0 ) and, thus, it indicated the existence of heteroscedasticity problems.…”

Section: Resultsmentioning

confidence: 99%

Exogenous shock: hierarchical effect of the industrial entrepreneur confidence in the mist of the COVID-19 pandemic

Conceição,

Lima

2023

RBF

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PurposeIn the context of investment decisions, the intricate interplay between exogenous shocks and their influence on investor confidence significantly shapes their behaviors and, consequently, their outcomes. Investment decisions are influenced by uncertainties, exogenous shocks as well as the sentiments and confidence of investors, factors typically overlooked by decision-makers. This study will meticulously examine these multifaceted influences and discern their intricate hierarchical nuances in the sentiments of industrial entrepreneurs during the COVID-19 pandemic.Design/methodology/approachEmploying the robust framework of the generalized linear latent and mixed models (GLLAMM), this research will thoroughly investigate individual and group idiosyncrasies present in diverse data compilations. Additionally, it will delve deeply into the exogeneity of disturbances across different sectors and regions.FindingsRelevant insights gleaned from this research elucidate the adverse influence of exogenous forces, including pandemics and financial crises, on the confidence of industrial entrepreneurs. Furthermore, a significant discovery emerges in the regional analysis, revealing a notable homogeneity in the propagation patterns of industrial entrepreneurs' perceptions within the sectoral and regional context. This finding suggests a mitigation of regional effects in situations of global exogenous shocks.Originality/valueWithin the realm of academic inquiry, this study offers an innovative perspective in unveiling the intricate interaction between external shocks and their significant impacts on the sentiment of industrial entrepreneurs. Furthermore, the utilization of the robust GLLAMM captures the hierarchical dimension of this relationship, enhancing the precision of analyses. This approach provides a significant impetus for data-informed strategic directions.

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Section: Resultsmentioning

confidence: 99%

Exogenous shock: hierarchical effect of the industrial entrepreneur confidence in the mist of the COVID-19 pandemic

Conceição,

Lima

2023

RBF

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“…One method provides the effect of foreign aid in each sector into the economic growth. Haldar and Sethi (2022) examines the effect of sectoral foreign aid toward the economic growth in 32 sub-Saharan African countries from 2002 to 2019. Results show that the foreign aid of agriculture is positive on growth but negative on structural transformation whereas that of industry is negative significant results on growth.…”

Section: Literature Reviewmentioning

confidence: 99%

Aid and Sectoral Growth in Thailand

Sakurai

2024

Bulletin of Applied Economics

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This study examines the relationship between foreign aid and sectoral growth in Thailand from 1960 to 2021 using ordinary least squares. While it is important to see how foreign aid impacts the recipient country, few studies provide analyses in this field. The estimation results show a linear relationship not only between foreign aid and secondary industry growth, but also between foreign aid and tertiary industry growth, whereas a relationship between foreign aid and primary industry growth is not necessarily seen. The results are consistent with previous studies. JEL classification numbers: F35, O53. Keywords: Foreign Aid, Sectoral Growth, Thailand.

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Structural transformation, urbanization, and remittances in developing countries: A panel VAR analysis

Abbas

Selvanathan

2023

Economic Analysis and Policy

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Effect of sectoral foreign aid allocation on growth and structural transformation in sub-Saharan Africa—Analysing the roles of institutional quality and human capital

Cited by 7 publications

References 67 publications

Exogenous shock: hierarchical effect of the industrial entrepreneur confidence in the mist of the COVID-19 pandemic

Exogenous shock: hierarchical effect of the industrial entrepreneur confidence in the mist of the COVID-19 pandemic

Aid and Sectoral Growth in Thailand

Structural transformation, urbanization, and remittances in developing countries: A panel VAR analysis

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