2,154
Views
52
CrossRef citations to date
0
Altmetric
Original Articles

The Impact of Foreign Aid on Economic Growth in Papua New Guinea

Pages 1092-1117 | Published online: 24 Jan 2007

REFERENCES

  • Bera , A and Jarque , C . 1981 . Efficient Tests for Normality, Heteroskedasticity and Serial Independence of Regression Residuals: Monte Carlo Evidence . Economics Letters , 70 : pp.313–18
  • Bewley , R . 1979 . The Direct Estimation of the Equilibrium Response in a Linear Dynamic Model . Economics Letters , 55 : pp.251–76
  • Blomstrom , M , Lipsey , R and Zejan , M . 1996 . Is Fixed Investment the Key to Economic Growth? . Quarterly Journal of Economics , Vol.111, No.1 : pp.269–76
  • Burnside , C and Dollar , D . 2000 . Aid, Policies and Growth . American Economic Review , Vol.90, No.4 : pp.847–68
  • Cassen R 1994 Does Aid Work? Oxford University Press, New York
  • Collier P Dehn J 2001 Aid, Shocks, and Growth Policy Research Working Paper 2688, World Bank, Washington
  • Collier , P and Dollar , D . 2001 . Can the World Cut Poverty in Half? How Policy Reform and Effective Aid Can Meet International Development Goals . World Development , Vol.29, No.111 : pp.1787–1802
  • Collier , P and Dollar , D . 2002 . Aid Allocation and Poverty Reduction . European Economic Review , 46 : pp.1475–1500
  • Collier P Hoeffler A 2002 Aid, Policy, and Growth in Post-Conflict Societies Policy Research Working Paper 2902, World Bank, Washington
  • Dalgaard , C-J and Hansen , H . 2001 . On Aid, Growth and Good Policies . Journal of Development Studies , Vol.37, No.6 : pp.17–35
  • Engle , R and Granger , C . 1987 . Cointegration and Error Correction: Representation, Estimation and Testing . Econometrica , 55 : pp.251–76
  • Gomanee K Girma S Morrissey O 2002 Aid and Growth in Sub-Saharan Africa: Accounting for Transmission Mechanisms CREDIT Research Paper No.02/05, Centre for Research in Economic Development and International Trade, University of Nottingham
  • Gounder , R . 2001 . Aid-Growth Nexus: Empirical Evidence from Fiji . Applied Economics , 33 : pp.1009–19
  • Gounder R 2002 Empirical Evidence of the Relationship between Foreign Aid and Economic Growth: The Case of the Solomon Islands in M. Arvin (ed.) New Perspectives on Foreign Aid and Economic Development, Westport: Praeger
  • Granger , C and Newbold , P . 1974 . Spurious Regressions in Econometrics . Journal of Econometrics , 2 : pp.111–20
  • Guillaumont , P and Chauvet , L . 2001 . Aid and Performance: A Reassessment . Journal of Development Studies , Vol.37, No.6 : pp.66–88
  • Gujarati DN 1995 Basic Econometrics McGraw-Hill, Singapore
  • Hansen , H and Tarp , F . 2000 . Aid Effectiveness Disputed . Journal of International Development , 12 : pp.375–98
  • Hansen , H and Tarp , F . 2001 . Aid and Growth Regressions . Journal of Development Economics , 64 : pp.547–70
  • Hudson , J and Mosley , P . 2001 . Aid, Policies and Growth: In Search of the Holy Grail . Journal of International Development , 13 : pp.1023–38
  • Hughes H 2003 Aid Has Failed the Pacific Issue Analysis No.33, Centre for Independent Studies, Sydney
  • Inder , B . 1993 . Estimating Long-Run Relationships in Economics: A Comparison of Different Approaches . Journal of Econometrics , 57 : pp.53–68
  • Islam , AN . 1992 . Foreign Aid and Economic Growth: An Econometric Study of Bangladesh . Applied Economics , 24 : pp.541–44
  • Islam AN 1999 Foreign Assistance and Development in Bangladesh’ in K.L. Gupta (ed.) Foreign Aid: New Perspectives Massachusetts: Kluwer
  • Johansen , S . 1988 . Statistical Analysis of Cointegrating Vectors . Journal of Economic Dynamics and Control , 12 : pp.231–54
  • Jones CI 1998 Introduction to Economic Growth New York: W.W. Norton & Company
  • Lensink , R and Morrissey , O . 2000 . Aid Instability as a Measure of Uncertainty and the Positive Impact of Aid on Growth . Journal of Development Studies , Vol.36, No.3 : pp.31–49
  • Lensink , R and White , H . 2000 . Assessing Aid: A Manifesto for the 21st Century? . Oxford Development Studies , Vol.28, No.1 : pp.5–18
  • Lloyd T Morrissey O Osei R 2001 Aid, Exports and Growth in Ghana CREDIT Research Paper 01/01, University of Nottingham
  • Lu , S and Ram , R . 2001 . Foreign Aid, Government Policies and Economic Growth: Further Evidence from Cross-country Panel Data for 1970 to 1993 . International Economics , 54 : pp.15–29
  • Mankiw , GN , Romer , D and Weil , DN . 1992 . A Contribution to the Empirics of Economic Growth . Quarterly Journal of Economics , 429 : pp.407–38
  • Mauro , P . 1995 . Corruption and Growth . Quarterly Journal of Economics , 110 : pp.681–712
  • Mavrotas , G . 2002a . Aid and Growth in India: Some Evidence from Disaggregated Aid Data . South Asia Economic Journal , Vol.3, No.1 : pp.534–59
  • Mavrotas , G . 2002b . Foreign Aid and Fiscal Response: Does Aid Disaggregation Matter? . Weltwirtschaftliches Archiv , Vol.138, No.3 : pp.534–59
  • Mbaku , JM . 1993 . Foreign Aid and Economic Growth in Cameroon . Applied Economics , 25 : pp.1309–14
  • Papua New Guinea, Department of Treasury Budget Papers various, Port Moresby
  • Pesaran HM Shin Y 1995 An Autoregressive Distributed Lag Modelling Approach to Cointegration Analysis DAE Working Paper Series, No.9514, Department of Applied Economics, University of Cambridge
  • Pesaran HM Shin Y Smith R 1996 Testing the Existence of a Long Run Relationship DAE Working Paper Series, No.9622, Department of Applied Economics, University of Cambridge
  • Pesaran HM Pesaran B 1997 Microfit 4.0 Oxford: Oxford University Press
  • Sala-i-Martin , X . 1997 . I Just Ran Two Million Regression . American Economic Review , 87 : pp.178–83
  • UNDP 2002 Human Development Report 2002: Deepening Democracy in a Fragmented World Oxford University Press, New York
  • Windybank S Manning M 2003 Papua New Guinea On the Brink Issue Analysis, No.30, Centre of Independent Studies, Sydney
  • World Bank 1998 Assessing Aid: What Works, What Doesn't and Why? New York: Oxford University Press
  • World Bank 1999 Papua New Guinea: Improving Governance and Performance Report No.19388-PNG, Poverty Reduction and Economic Management Sector Unit, East Asia and Pacific Region, World Bank
  • World Bank 2002 World Development Indicators Washington: World Bank

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.