Neural Networks and Rules-based Systems used to Find Rational and Scientific Correlations between being Here and Now with Afterlife Conditions
Neural Networks and Rules-based Systems used to Find Rational and
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The study has examined the effect of of foreign aid on economic growth in Ethiopia through financing foreign exchange gap (import requirement) over the period 1974 to 2013 using multivariate cointegration analysis. The empirical result from the growth model shows that aid has a significant positive impact on growth in the long run. The aid-policy interaction term also has a significant positive effect on growth implying that the effectiveness of aid would have been higher if it was supported by a sound macroeconomic policy environment. The empirical result of import model also indicated that the positive and significant contribution of aid on import requirements in the long run. In other words the theoretical view of the gap models which is Aid can enhance growth by financing foreign exchange gap is proven in this study.
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Fentaye Setargie Ejigu. 2015. \u201cForeign Aid vis aa- vis Foreign Exchange Gap under the Ethiopian Economy\u201d. Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 15 (GJMBR Volume 15 Issue B4): .
Crossref Journal DOI 10.17406/GJMBR
Print ISSN 0975-5853
e-ISSN 2249-4588
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Total Score: 71
Country: Ethiopia
Subject: Global Journal of Management and Business Research - B: Economic & Commerce
Authors: Fentaye Setargie Ejigu (PhD/Dr. count: 0)
View Count (all-time): 157
Total Views (Real + Logic): 4183
Total Downloads (simulated): 2060
Publish Date: 2015 06, Thu
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The study has examined the effect of of foreign aid on economic growth in Ethiopia through financing foreign exchange gap (import requirement) over the period 1974 to 2013 using multivariate cointegration analysis. The empirical result from the growth model shows that aid has a significant positive impact on growth in the long run. The aid-policy interaction term also has a significant positive effect on growth implying that the effectiveness of aid would have been higher if it was supported by a sound macroeconomic policy environment. The empirical result of import model also indicated that the positive and significant contribution of aid on import requirements in the long run. In other words the theoretical view of the gap models which is Aid can enhance growth by financing foreign exchange gap is proven in this study.
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