Author

  • Muhammad Akram

    • Hailey College of Commerce, University of the Punjab, Lahore, Pakistan
    • Pakistan

  • Hafiza Hadia Mansoor

    • Hailey College of Commerce, University of the Punjab, Lahore, Pakistan
    • Pakistan

  • Mahpara

    • Hailey College of Commerce, University of the Punjab, Lahore, Pakistan
    • Pakistan

Abstract

The objective of this study is to analyze the effects of foreign aid on economic growth of Pakistan. The time series data for the period 1980-2008 is used by applying OLS regression model and two diagnostic methods namely Breusch-Pagon and Durbin-Watson tests. Results depict that foreign aid is insignificantly related to the economic growth to Pakistan for short-run and long-run. By excluding the foreign direct investment, results are significant but still a negative relationship exists. This study will help to government organizations by recognizing about the impact of foreign aid on economic growth.

Keywords

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How to Cite

Akram, M., Mansoor, H. H., & Mahpara, M. (2011). An Empirical Analysis of Impact of Foreign Aid on Economic Growth: The Case of Pakistan. Information Management and Business Review, 3(5), 235-241. https://doi.org/10.22610/imbr.v3i5.939

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Research Paper

Published in

Vol. 3 No. 5 (2011) Development Finance, Ethics & Customer Loyalty View issue contents

Published

2011-11-15

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