Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/81001
Authors: 
Huang, Yongfu
Quibria, M. G.
Year of Publication: 
2013
Series/Report no.: 
WIDER Working Paper 2013/057
Abstract: 
This paper examines whether foreign aid, together with other economic, social and environmental factors, contributes to sustainable development. It starts with a theoretical model where sustainable development is modelled as a different kind of growth that protects the environment. Using factor analysis and newly developed estimation methods for a dynamic panel data model with endogenous regressors, the empirical section finds evidence that foreign aid has been a significantly positive influence on sustainable development in aid recipient countries. This effect is very likely to go through channels related to growth and resources as well as a technology channel with respect to energy intensity. This research has important implications for a post-2015 development framework on international collective action with regard to a sustainable future.
Subjects: 
sustainable development
aid effectiveness
post-2015 development agenda
economic growth
natural resource exploitations
energy intensity
factor-IV
factor-GMM
JEL: 
O10
O44
I00
F35
F60
ISBN: 
978-92-9230-634-2
Document Type: 
Working Paper

Files in This Item:
File
Size
655.03 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.