Does Developmental Aid Impact or Impede on Growth: Evidence from Nigeria

Volume: 5 Number: 1 March 1, 2015
  • Iyabo A. Olanrele
  • Taofik Mohammed Ibrahim
EN

Does Developmental Aid Impact or Impede on Growth: Evidence from Nigeria

Abstract

This paper examines the effect of four different types of developmental aid on economic growth in Nigeria utilizing the Two-Stage Least Square (2SLS) estimation technique between 1970 and 2012. The empirical estimates show that multilateral aid had more impact on growth compared to bilateral aid from Nigerian’s trading partners, top-five CDI ranked countries, and Nordic countries. Our findings support the need for stringent conditionalities and standard monitoring and evaluation framework by donors in order to promote meaningful impact of developmental aid on economic growth.

Keywords

Details

Primary Language

English

Subjects

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Journal Section

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Authors

Iyabo A. Olanrele This is me

Taofik Mohammed Ibrahim This is me

Publication Date

March 1, 2015

Submission Date

March 1, 2015

Acceptance Date

-

Published in Issue

Year 2015 Volume: 5 Number: 1

APA
Olanrele, I. A., & Ibrahim, T. M. (2015). Does Developmental Aid Impact or Impede on Growth: Evidence from Nigeria. International Journal of Economics and Financial Issues, 5(1), 288-296. https://izlik.org/JA93HA52BC
AMA
1.Olanrele IA, Ibrahim TM. Does Developmental Aid Impact or Impede on Growth: Evidence from Nigeria. IJEFI. 2015;5(1):288-296. https://izlik.org/JA93HA52BC
Chicago
Olanrele, Iyabo A., and Taofik Mohammed Ibrahim. 2015. “Does Developmental Aid Impact or Impede on Growth: Evidence from Nigeria”. International Journal of Economics and Financial Issues 5 (1): 288-96. https://izlik.org/JA93HA52BC.
EndNote
Olanrele IA, Ibrahim TM (March 1, 2015) Does Developmental Aid Impact or Impede on Growth: Evidence from Nigeria. International Journal of Economics and Financial Issues 5 1 288–296.
IEEE
[1]I. A. Olanrele and T. M. Ibrahim, “Does Developmental Aid Impact or Impede on Growth: Evidence from Nigeria”, IJEFI, vol. 5, no. 1, pp. 288–296, Mar. 2015, [Online]. Available: https://izlik.org/JA93HA52BC
ISNAD
Olanrele, Iyabo A. - Ibrahim, Taofik Mohammed. “Does Developmental Aid Impact or Impede on Growth: Evidence from Nigeria”. International Journal of Economics and Financial Issues 5/1 (March 1, 2015): 288-296. https://izlik.org/JA93HA52BC.
JAMA
1.Olanrele IA, Ibrahim TM. Does Developmental Aid Impact or Impede on Growth: Evidence from Nigeria. IJEFI. 2015;5:288–296.
MLA
Olanrele, Iyabo A., and Taofik Mohammed Ibrahim. “Does Developmental Aid Impact or Impede on Growth: Evidence from Nigeria”. International Journal of Economics and Financial Issues, vol. 5, no. 1, Mar. 2015, pp. 288-96, https://izlik.org/JA93HA52BC.
Vancouver
1.Iyabo A. Olanrele, Taofik Mohammed Ibrahim. Does Developmental Aid Impact or Impede on Growth: Evidence from Nigeria. IJEFI [Internet]. 2015 Mar. 1;5(1):288-96. Available from: https://izlik.org/JA93HA52BC