SPILLOVER EFFECT OF OFFICIAL DEVELOPMENT ASSISTANCE ON SECTORAL ECONOMIC GROWTH IN WEST AFRICAN ECONOMIC AND MONETARY UNION COUNTRIES
نویسندگان
چکیده
For decades, the literature on relationship between official development assistance (ODA) and economic growth is characterized by ambiguity. This study removes such ambiguity for West African Economic Monetary Union (WAEMU) countries considering gross domestic product (GDP) according to production perspective paying attention spatial spillover effects. The results obtained system generalized method of moments period 2000–2018 showed a link ODA, which manifests itself through positive significant impact latter value added in secondary tertiary sectors. In addition, sector WAEMU country depends positively aid provided other that are geographically close or located same road corridor. Our inform donors an efficient allocation Union.Keywords: Official assistance, sectoral values added, spillovers effects, WAEMU.JEL Classifications: O1, O55, F35.DOI: https://doi.org/10.32479/ijefi.11299
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ژورنال
عنوان ژورنال: International Journal of Economics and Financial Issues
سال: 2021
ISSN: ['2146-4138']
DOI: https://doi.org/10.32479/ijefi.11299