Show simple item record

dc.contributor.authorMochoge, Duke N
dc.date.accessioned2017-02-27T07:44:40Z
dc.date.available2017-02-27T07:44:40Z
dc.date.issued2016
dc.identifier.urihttp://hdl.handle.net/11071/5038
dc.description.abstractThe purpose of this study was to find out the effectiveness of foreign aid in boosting economic growth in Kenya and its impact on public investment. This paper uses an Autoregressive Distributed Lag (ARDL) Model to estimate the short run and long run impact of foreign aid on economic growth and public investment both on an aggregate level and a sectoral level. Time series data was used for the period 1980-2014. The study finds a significant positive relationship between aggregate aid and growth as well as public investment in the long run. The sectoral analysis shows that aid to the production, energy and tourism sectors is ineffective while aid to economic infrastructure and education is effective. An important finding of this study is that it is necessary to have a stable macroeconomic environment for aid to be effective.en_US
dc.language.isoenen_US
dc.publisherStrathmore Universityen_US
dc.titleA Sectoral analysis of the impact of foreign aid on public investment and economic growth in Kenyaen_US
dc.typeLearning Objecten_US


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record