| 摘要 | 第3-4页 |
| ABSTRACT | 第4页 |
| LIST OF ACRONYMS | 第9-10页 |
| 1 INTRODUCTION | 第10-18页 |
| 1.1 BACKGROUND OF STUDY | 第10-14页 |
| 1.2 PROBLEM STATEMENT | 第14-15页 |
| 1.3 JUSTIFICATION | 第15页 |
| 1.4 RESEARCH QUESTION | 第15-16页 |
| 1.5 RESEARCH OBJECTIVES | 第16页 |
| 1.6 RESEARCH HYPOTHESES | 第16页 |
| 1.7 SCOPE AND ORGANISATION OF STUDY | 第16-18页 |
| 2 LITERATURE REVIEW | 第18-32页 |
| 2.1 FOREIGN AID DEFINITION AND MEANING | 第18页 |
| 2.2 FORMS OF FOREIGN AID | 第18-20页 |
| 2.3 SOURCES OF FOREIGN DONOR AID | 第20-24页 |
| 2.3.1 Bilateral aid | 第20-22页 |
| 2.3.2 Multilateral aid | 第22-24页 |
| 2.4 GROWTH THEORIES AND FOREIGN AID EFFECTIVENESS | 第24-27页 |
| 2.4.1 Harrod-Domar model of economic growth | 第25-26页 |
| 2.4.2 The Neo-classical (Solow) growth model | 第26-27页 |
| 2.4.3 Endogenous growth models | 第27页 |
| 2.5 EMPIRICAL LITERATURE REVIEW | 第27-29页 |
| 2.5.1 The foreign aid led growth school of thoughts | 第27-28页 |
| 2.5.2 Aid does not lead to growth school of thoughts | 第28-29页 |
| 2.6 THE CONCEPT OF ODA | 第29-32页 |
| 2.6.1 Brief Chronology of the ODA Concept | 第30页 |
| 2.6.2 Evolution of ODA | 第30-32页 |
| 3 CONCEPTUAL MODELS | 第32-37页 |
| 3.1 GENERAL FRAMEWORK | 第32-33页 |
| 3.2 CONCEPTUAL MODEL OF GRANGER CASUAL RELATIONSHIPS | 第33-34页 |
| 3.3 Conceptual Model for Estimating the Impact of Aid | 第34-37页 |
| 4 METHODOLOGY | 第37-56页 |
| 4.1 MODEL SPECIFICATION | 第37-38页 |
| 4.2 DESCRIPTION OF DATA AND VARIABLES | 第38-41页 |
| 4.3 STATIONARITY/NON-STATIONARITY TESTS | 第41-45页 |
| 4.3.1 Levin and Lin (1993) (LL) panel unit root test | 第43页 |
| 4.3.2 IPS Panel Unit Root Test | 第43-44页 |
| 4.3.3 Pedroni Panel Unit Root Test | 第44-45页 |
| 4.4 CONCEPT OF COINTEGRATION | 第45-49页 |
| 4.4.1 Pedroni (Engle-Granger based) Cointegration Tests | 第46-47页 |
| 4.4.2 Kao (Engle-Granger Based) Cointegration Tests | 第47-48页 |
| 4.4.3 FMOLS tests | 第48页 |
| 4.4.4 DOLS tests | 第48-49页 |
| 4.5 GRANGER CAUSALITY TEST | 第49页 |
| 4.6 OVER VIEW OF AID IN AFRICAN | 第49-56页 |
| 5 RESULTS AND DISCUSSION | 第56-77页 |
| 5.1 INTRODUCTION | 第56-57页 |
| 5.2 PANEL UNIT ROOT ANALYSIS | 第57-59页 |
| 5.3 Panel Cointegration Test and Estimations | 第59-61页 |
| 5.4 PANEL GRANGER CAUSALITY ANALYSIS | 第61-62页 |
| 5.4.1 Results of Panel Granger Causality Test for Main Foreign aid | 第61-62页 |
| 5.5 RESULTS OF THE IMPACT OF MAIN AID ON ECONOMIC GROWTH | 第62-65页 |
| 5.6 RESULTS OF PANEL GRANGER CAUSALITY FOR DISAGGREGATED AID | 第65-66页 |
| 5.7 THE IMPACT OF DISAGGREGATED AID ON ECONOMIC GROWTH | 第66-71页 |
| 5.8 COUNTRY SPECIFIC ANALYSIS | 第71-75页 |
| 5.8.1 Time Series Estimation Results of Individual Countries | 第71-75页 |
| 5.9 ADDITIONAL PANEL FMOLS AND DOLS ESTIMATES OF INDIVIDUALCOUNTRIES | 第75-77页 |
| 6 CONCLUSION AND RECCOMENDATIONS | 第77-80页 |
| 6.1 CONCLUSION | 第77-78页 |
| 6.2 POLICY RECOMMENDATIONS | 第78-79页 |
| 6.3 LIMITATIONS | 第79-80页 |
| ACKNOWLEDGEMENTS | 第80-82页 |
| REFERENCES | 第82-87页 |
| APPENDICE | 第87-93页 |
| Appendix 1: Map of Study Area | 第87-88页 |
| Appendix 2: Top 10 ODA receipts by recipient | 第88页 |
| Appendix 3: Definitions and sources of total aid and disaggregated aid components | 第88-89页 |
| Appendix 4: Definitions and sources of aid | 第89-90页 |
| Appendix 5: Results of Panel Cointegration of Bilateral Aid and GDP | 第90-91页 |
| Appendix 6: Results of Panel Cointegration of multilateral Aid and GDP | 第91-92页 |
| Appendix 7: Results of Panel Cointegration of Grants and GDP | 第92-93页 |
| Appendix 8: Results of Panel Cointegration of Technical cooperation of grants and GDP | 第93页 |
