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Foreign Aid and Human Welfare: A Quantile Regression Approach

International Journal of Economics, Management and Accounting

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Field Value
 
Title Foreign Aid and Human Welfare: A Quantile Regression Approach
 
Creator Mohamed, Masoud Rashid
Mzee, Said Seif
 
Description This paper investigates the impact of foreign aid on human development as measured by the human development index (HDI). We apply quantile regression approach for the data from 124 developing countries covering the period 1980 to 2013. The findings show that in general, aid is positively associated with the human development index. The impact is much greater in countries with low level of human development. Similarly, we find statistically positive impact of aid on HDI income, health, and education indices. The results imply that since aid is positively related with HDI, and HDI is universally accepted as a quantitative measure of human development, then aid can significantly contribute to promoting human welfare.
 
Publisher Kulliyyah of Economics and Management Sciences
 
Date 2017-05-31
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://journals.iium.edu.my/enmjournal/index.php/enmj/article/view/369
 
Source International Journal of Economics, Management and Accounting; Vol 25 No 1 (2017); 27-41
2462-1420
 
Language eng
 
Relation http://journals.iium.edu.my/enmjournal/index.php/enmj/article/view/369/229