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Revisited the role of foreign aid in capital formation: experience of South Asian countries - Humanities and Social Sciences Communications

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Revisited the role of foreign aid in capital formation: experience of South Asian countries - Humanities and Social Sciences Communications

This study contributes to the aid-development literature by examining the role of host country factors in conditioning the investment effect of foreign aid, covering a panel of six South Asian countries over the period 1990–2019. The study uses second-generation panel unit root, cointegration, and causality methods to control for endogeneity, cross-section dependency, and structural breaks.

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Revisited the role of foreign aid in capital formation: experience of South Asian countries - Humanities and Social Sciences Communications

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Revisited the role of foreign aid in capital formation: experience of South Asian countries - Humanities and Social Sciences Communications

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