Revisiting economic effectiveness of foreign aid: The case of Japanese aid to China

Shao, Jing; Wang, Maojun

doi:10.1111/twec.13224

Cited by 3 publications

(1 citation statement)

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“…14 Source http://www.energy.gov.sl/home/rural-renewable-energy-project/ (accessed on 9 November 2021). 15 See for example Shao & Wang (2021) [48] analysing the Japanese aid to China. 16 For instance, Dreher et al (2019) [49] used and geocoded 1650 Chinese development finance projects across 3097 physical locations committed to Africa over the 2000-2012 period to analyse if current African political leaders' birth regions receive substantially larger financial flows from China than other regions.…”

Section: Discussionmentioning

confidence: 99%

Aid, Multidimensional Poverty and Growth: Reversing the Micro-Macro Paradox in Guinea, Liberia and Sierra Leone

Ramos

González

2021

Land

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This article analyses whether Official Development Assistance (ODA) is linked to multidimensional poverty indicators in the context of the 2030 Agenda for Sustainable Development, the Sustainable Development Indictors and the principles stated by the Global Partnership for Effective Development Co-operation. Focused on three western Sub-Saharan Africa and least developing countries such as Guinea, Liberia and Sierra Leone, this article uses Error Correction Vector Model to estimate if ODA and economic growth are cointegrated and a sectoral and spatial analysis to check if ODA are linked to Multidimensional Poverty Indicators in the sample countries. Despite the 2014 Ebola outbreak, the three countries have achieved noticeable good results in poverty alleviation. Results shows a certain macro-micro paradox because, despite a common trend between aid and growth identified at the macro level, we cannot find any sign of ODA contributions to the multidimensional poverty indicators when the micro level analysis is carried out. Our results may serve to increase the level of implementation of the ownership principle for effective development co-operation and achieve a significant improvement of several goals and targets included on the 2030 Agenda.

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Section: Discussionmentioning

confidence: 99%

Aid, Multidimensional Poverty and Growth: Reversing the Micro-Macro Paradox in Guinea, Liberia and Sierra Leone

Ramos

González

2021

Land

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Spatiotemporal heterogeneity of the impact of renewable energy and energy efficiency on carbon dioxide emissions in Regional Comprehensive Economic Partnership member countries

Li,

Chen

2023

Energy & Environment

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As a major greenhouse gas, carbon dioxide emissions (CO2E) are the main cause of global warming and environmental pollution. Thus, the reduction in carbon emissions has become a global concern. The widespread use of renewable energy and the improvement of energy efficiency seem to provide a feasible path for countries to achieve carbon emissions reduction, and have received the attention of governments and academics. However, very little literature has focused on the spatial and temporal heterogeneity of the effects of renewable energy use and energy efficiency on carbon emission intensity. This study applies the geographically and temporally weighted regression (GTWR) model and complies with a balanced panel of data from member countries of the Regional Comprehensive Economic Partnership (RCEP) between 2000 and 2019 to investigate the spatiotemporal heterogeneity of the effects of renewable energy and energy efficiency on CO2E. The results show that CO2E per capita (CO2EP) increases over time, but its distribution across RCEP member countries remains largely stable. Overall, the usage of renewable energy tends to decrease CO2EP, while energy efficiency tends to increase it. However, with the passage of time and changes in geographical location, renewable energy consumption and energy efficiency show significant temporal and spatial heterogeneity in their effects on CO2EP of RCEP member countries. Additionally, the effects of industrial structure, merchandise trade, urbanization rate, and energy poverty on CO2EP of RCEP member countries are also characterized by spatial and temporal heterogeneity.

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Analysis of the Moderating Roles of Human and Physical Capital on the Impact of Foreign Aid on Economic Growth in Nigeria

Ehigiamusoe,

Ramakrishnan,

Babalola

et al. 2024

Sage Open

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Though the impact of foreign aid on economic growth has been examined in several studies, the roles of human and physical capital in aid-growth nexus has not been investigated. This is important because the effectiveness of foreign aid could be contingent upon the absorption capacity of the recipient country. We fill this research gap by examining the moderating roles of human and physical capital on aid-growth nexus in Nigeria during 1980 to 2020. Our study deploys the Autoregressive Distributed Lag approach on the interaction models. It shows that the variables are cointegrated. Though aid has a positive impact on growth, human and physical capital have significant moderating roles on the impact of aid on growth. Precisely, the marginal effect of aid on growth varies with the levels of human and physical capital. However, if human and physical capital surpass the threshold levels of 55% and 65%, respectively, an increase in aid cannot accelerate growth. These findings are robust to alternative proxies, structural breaks as well as diagnostic tests. This research implies that, given the requisite levels of human and physical capital, foreign aid can complement domestic capital to enhance growth. Hence, for nations to obtain the long-term benefits of aid, they should create the enabling environment by adequately investing in human and physical capital to attain sustainable economic development. JEL Classification: O47; F35; E22; J24

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Revisiting economic effectiveness of foreign aid: The case of Japanese aid to China

Cited by 3 publications

References 57 publications

Aid, Multidimensional Poverty and Growth: Reversing the Micro-Macro Paradox in Guinea, Liberia and Sierra Leone

Aid, Multidimensional Poverty and Growth: Reversing the Micro-Macro Paradox in Guinea, Liberia and Sierra Leone

Spatiotemporal heterogeneity of the impact of renewable energy and energy efficiency on carbon dioxide emissions in Regional Comprehensive Economic Partnership member countries

Analysis of the Moderating Roles of Human and Physical Capital on the Impact of Foreign Aid on Economic Growth in Nigeria

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