Pub Date : 2021-01-01DOI: 10.35866/CAUJED.2021.46.1.004
Hanmee Na Kim, Jinhwan Oh
Are South Korean official development assistance (ODA) disbursement determinants different by sectors? The majority of existing studies have focused on either aggregate total ODA flows or regional distribution, although motivations for ODA allocation could differ by sector. Using a panel data set of 127 recipient countries over 16 years, this study investigates the determinants of Korea’s ODA allocation, especially grants, across five main sectors - specifically, education, health, public administration, technology, and agriculture. We find that the sectoral ODA allocation is generally determined by various factors and their impacts vary across sectors. It should be noted, however, that ‘the total ODA volume’ and ‘the status of Korea’s priority country’ show consistently positive coefficients regardless of sectors. Moreover, it was found that this effect continues to have a powerful impact even after Korea became an OECD Development Assistance Committee (DAC) member. The finding implies that political and strategic factors play a key role in determining the sectoral ODA allocation of Korea. For sectoral ODA disbursement to be further concentrated toward a smaller number of recipient countries, this study suggests that the number of priority countries should be reduced than the status of quo.
{"title":"Sectoral Determinants of Korean Development Assistance: Similar, yet Different?","authors":"Hanmee Na Kim, Jinhwan Oh","doi":"10.35866/CAUJED.2021.46.1.004","DOIUrl":"https://doi.org/10.35866/CAUJED.2021.46.1.004","url":null,"abstract":"Are South Korean official development assistance (ODA) disbursement determinants different by sectors? The majority of existing studies have focused on either aggregate total ODA flows or regional distribution, although motivations for ODA allocation could differ by sector. Using a panel data set of 127 recipient countries over 16 years, this study investigates the determinants of Korea’s ODA allocation, especially grants, across five main sectors - specifically, education, health, public administration, technology, and agriculture. We find that the sectoral ODA allocation is generally determined by various factors and their impacts vary across sectors. It should be noted, however, that ‘the total ODA volume’ and ‘the status of Korea’s priority country’ show consistently positive coefficients regardless of sectors. Moreover, it was found that this effect continues to have a powerful impact even after Korea became an OECD Development Assistance Committee (DAC) member. The finding implies that political and strategic factors play a key role in determining the sectoral ODA allocation of Korea. For sectoral ODA disbursement to be further concentrated toward a smaller number of recipient countries, this study suggests that the number of priority countries should be reduced than the status of quo.","PeriodicalId":15602,"journal":{"name":"Journal of economic development","volume":"46 1","pages":"85-105"},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70078191","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-01DOI: 10.35866/CAUJED.2021.46.1.003
E. Udeogu, Uzochukwu Amakom, S. Roy-Mukherjee
{"title":"Empirical Analysis of an Augmented Schumpeterian Endogenous Growth Model","authors":"E. Udeogu, Uzochukwu Amakom, S. Roy-Mukherjee","doi":"10.35866/CAUJED.2021.46.1.003","DOIUrl":"https://doi.org/10.35866/CAUJED.2021.46.1.003","url":null,"abstract":"","PeriodicalId":15602,"journal":{"name":"Journal of economic development","volume":"31 1","pages":"53-84"},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70078144","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-01DOI: 10.35866/CAUJED.2021.46.1.002
Maria Elkhdari, Samira Oukarfi, S. E. Alaoui, Youness Sahibi
{"title":"Are Strategic Interactions between Moroccan Local Governments Geographical or Political","authors":"Maria Elkhdari, Samira Oukarfi, S. E. Alaoui, Youness Sahibi","doi":"10.35866/CAUJED.2021.46.1.002","DOIUrl":"https://doi.org/10.35866/CAUJED.2021.46.1.002","url":null,"abstract":"","PeriodicalId":15602,"journal":{"name":"Journal of economic development","volume":"46 1","pages":"33-52"},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70078102","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-01-01DOI: 10.35866/CAUJED.2021.46.1.005
Saidi Anis, H. Mekki, Ochi Anis
{"title":"Inequality of Opportunity and Degree of Human Development: Evidence from Tunisia","authors":"Saidi Anis, H. Mekki, Ochi Anis","doi":"10.35866/CAUJED.2021.46.1.005","DOIUrl":"https://doi.org/10.35866/CAUJED.2021.46.1.005","url":null,"abstract":"","PeriodicalId":15602,"journal":{"name":"Journal of economic development","volume":"46 1","pages":"107-137"},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70078326","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-01-01DOI: 10.35866/CAUJED.2020.45.3.002
Md. Arfanuzzaman, A. Mamun
TThe study examined the effects of human capital (education and experience) and social factors (gender, marital status, spatial condition, and occupation) on the monthly income of the people of Bangladesh through OLS and quantile regression based on the data of 9943 sample of Household Income and Expenditure Survey (HIES). It appears that both human capital and social factors have significant explanatory power to explicate the monthly income of the household. The OLS and quantile regression suggest that the effects of social factors are superior to that of human capital on the monthly income. The estimates further reveal that urban people get 18% more wage than their rural counterparts, and people engaged in the non-agricultural sector received 25% higher wages than the agricultural sector. Besides, female workers receive 36% less wage than male workers. Nevertheless, there is a distinct effect of the human capital and social factors in the gender and rural-urban context. The study recommends, a reorient policy to properly address these gender wage gap, sectoral and area-specific issues of the labor market with a view to ensuring the fair income distribution and inequality reduction.
{"title":"The Effects of Human Capital and Social Factors on the Household Income of Bangladesh: An Econometric Analysis","authors":"Md. Arfanuzzaman, A. Mamun","doi":"10.35866/CAUJED.2020.45.3.002","DOIUrl":"https://doi.org/10.35866/CAUJED.2020.45.3.002","url":null,"abstract":"TThe study examined the effects of human capital (education and experience) and social factors (gender, marital status, spatial condition, and occupation) on the monthly income of the people of Bangladesh through OLS and quantile regression based on the data of 9943 sample of Household Income and Expenditure Survey (HIES). It appears that both human capital and social factors have significant explanatory power to explicate the monthly income of the household. The OLS and quantile regression suggest that the effects of social factors are superior to that of human capital on the monthly income. The estimates further reveal that urban people get 18% more wage than their rural counterparts, and people engaged in the non-agricultural sector received 25% higher wages than the agricultural sector. Besides, female workers receive 36% less wage than male workers. Nevertheless, there is a distinct effect of the human capital and social factors in the gender and rural-urban context. The study recommends, a reorient policy to properly address these gender wage gap, sectoral and area-specific issues of the labor market with a view to ensuring the fair income distribution and inequality reduction.","PeriodicalId":15602,"journal":{"name":"Journal of economic development","volume":"45 1","pages":"29-49"},"PeriodicalIF":0.0,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70077186","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-01-01DOI: 10.35866/CAUJED.2020.45.4.004
R. Purwono, M. Yasin
This study investigates the relation between the efficiency converging moment and Total Factor Productivity of Indonesia’s economy. The intriguing finding is that although efficiency convergence was speeding towards the frontier as well as the catching-up patterns, the finding showed a negative productivity at a nearly zero level. Particularly, the negative productivities were mostly exhibited by Indonesia’s eastern regions. Technical Change that experienced a statistical downturn seemed to have discouraged this productivity. Variables such as investment might have played a significant role in this case. This study recommends making regulations on investment spending in each province, so that regional productivities can be improved.
{"title":"Does Efficiency Convergence of Economy Promote Total Factor Productivity? A Case of Indonesia","authors":"R. Purwono, M. Yasin","doi":"10.35866/CAUJED.2020.45.4.004","DOIUrl":"https://doi.org/10.35866/CAUJED.2020.45.4.004","url":null,"abstract":"This study investigates the relation between the efficiency converging moment and Total Factor Productivity of Indonesia’s economy. The intriguing finding is that although efficiency convergence was speeding towards the frontier as well as the catching-up patterns, the finding showed a negative productivity at a nearly zero level. Particularly, the negative productivities were mostly exhibited by Indonesia’s eastern regions. Technical Change that experienced a statistical downturn seemed to have discouraged this productivity. Variables such as investment might have played a significant role in this case. This study recommends making regulations on investment spending in each province, so that regional productivities can be improved.","PeriodicalId":15602,"journal":{"name":"Journal of economic development","volume":"45 1","pages":"69-91"},"PeriodicalIF":0.0,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70078044","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-01-01DOI: 10.35866/CAUJED.2020.45.4.005
Nadia Benali, M. Yasin
This document examines the nexus between natural disasters (DMS), education (EDU), information and communication technologies (ICT) and economic growth (GDP per capita) in developed and developing countries using panel data set from 1990 to 2017. The autoregressive distributed lag (ARDL) bounds testing approach and Granger causality test was used. Firstly, the ARDL estimation suggests a positive and statistical significant relationship between education, internet users and mobile cellular telephone and GDP per capita in both the short- and long-term. Natural disasters have a negative effect on economic growth and education. The result indicates that internet users and mobile cellular telephone has a positive effect on natural disasters and education. Secondly, Granger causality reveals that there is bidirectional relationship among education and GDP per capita. Results show a unidirectional from internet users, mobile cellular telephone to natural disaster. In addition, there is a unidirectional causal relationship from natural disaster to GDP per capita in developing country, but this result is unobservable in developed country.
{"title":"The Relationship between Natural Disasters, Education, ICT and Economic Growth:Empirical Evidence from ARDL Bounds Testing Approach","authors":"Nadia Benali, M. Yasin","doi":"10.35866/CAUJED.2020.45.4.005","DOIUrl":"https://doi.org/10.35866/CAUJED.2020.45.4.005","url":null,"abstract":"This document examines the nexus between natural disasters (DMS), education (EDU), information and communication technologies (ICT) and economic growth (GDP per capita) in developed and developing countries using panel data set from 1990 to 2017. The autoregressive distributed lag (ARDL) bounds testing approach and Granger causality test was used. Firstly, the ARDL estimation suggests a positive and statistical significant relationship between education, internet users and mobile cellular telephone and GDP per capita in both the short- and long-term. Natural disasters have a negative effect on economic growth and education. The result indicates that internet users and mobile cellular telephone has a positive effect on natural disasters and education. Secondly, Granger causality reveals that there is bidirectional relationship among education and GDP per capita. Results show a unidirectional from internet users, mobile cellular telephone to natural disaster. In addition, there is a unidirectional causal relationship from natural disaster to GDP per capita in developing country, but this result is unobservable in developed country.","PeriodicalId":15602,"journal":{"name":"Journal of economic development","volume":"45 1","pages":"93-111"},"PeriodicalIF":0.0,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70078052","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-01-01DOI: 10.35866/CAUJED.2020.45.3.005
B. Abel
This research tried to analyze the ability of microfinance institutions to become effective alternatives to traditional banks in order to improve financial inclusion of low-income populations in Burundi. After analyzing data with logistic regressions (logit), we found that microfinance institutions contribute (i) to address barriers to financial inclusion, (ii) to foster the accessibility to formal financial services for men/women, married individuals, low-income people, educated individuals, and (iii) to facilitate the use of formal financial services by low-income populations living in Burundi semi-urban areas. However, microfinance should not be seen as the ultimate solution to break-up the poverty cycle for low-income populations in developing countries like Burundi, but rather as a driving for the socio-economic development of low-income individuals so that they can gradually increase their participation in the community development activities.
{"title":"Financial Inclusion in Burundi: The Use of Microfinance Services in Semi-Urban Areas","authors":"B. Abel","doi":"10.35866/CAUJED.2020.45.3.005","DOIUrl":"https://doi.org/10.35866/CAUJED.2020.45.3.005","url":null,"abstract":"This research tried to analyze the ability of microfinance institutions to become effective alternatives to traditional banks in order to improve financial inclusion of low-income populations in Burundi. After analyzing data with logistic regressions (logit), we found that microfinance institutions contribute (i) to address barriers to financial inclusion, (ii) to foster the accessibility to formal financial services for men/women, married individuals, low-income people, educated individuals, and (iii) to facilitate the use of formal financial services by low-income populations living in Burundi semi-urban areas. However, microfinance should not be seen as the ultimate solution to break-up the poverty cycle for low-income populations in developing countries like Burundi, but rather as a driving for the socio-economic development of low-income individuals so that they can gradually increase their participation in the community development activities.","PeriodicalId":15602,"journal":{"name":"Journal of economic development","volume":"45 1","pages":"101-116"},"PeriodicalIF":0.0,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70078474","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-01-01DOI: 10.35866/CAUJED.2020.45.3.001
Md. Qamruzzaman, Jianguo Wei
There is no conclusive evidence available in empirical literature regarding the patter of relationship, like symmetry or asymmetry, between remittances and household consumption at the aggregate level. With this study, we empirically investigated the nexus between Remittance and Household consumption under the assumption of both symmetric and asymmetric from 1993 to 2017 of a panel of 105 countries. Symmetry investigation performed with Panel ARDL proposed by Pesaran et al. (1999) and asymmetry test executed with the idea of nonlinear ARDL proposed by Shin et al. (2014). For establishing directional causality, we also performed a Panel Granger-causality test under the error correction term. Study findings unveiled an asymmetric relationship between remittance flows and household consumption both in the long run and in the short run, however, the coefficients elasticity explained greater magnitude in the short-run than the long run. Study findings exposed unidirectional causality from remittance to household consumption in the short-run. The effect of remittance inflows on household consumption at the aggregate level is evident. Therefore, the government should persuade integrated economic policy for the effective deployment of remittance flows in productive investment for increasing aggregate production and economic welfare at large.
在经验文献中，没有确凿的证据表明汇款与家庭消费之间的关系模式，如对称或不对称，在总水平上。通过本研究，我们实证研究了1993 - 2017年105个国家在对称和不对称假设下汇款与家庭消费之间的关系。采用Pesaran et al.(1999)提出的面板ARDL进行对称性研究，采用Shin et al.(2014)提出的非线性ARDL思想进行非对称性测试。为了确定定向因果关系，我们还在误差校正项下进行了面板格兰杰因果检验。研究结果揭示了长期和短期汇款流量与家庭消费之间的不对称关系，但弹性系数在短期内比在长期内解释了更大的幅度。研究结果揭示了短期内汇款与家庭消费之间的单向因果关系。汇款流入对总体家庭消费的影响是显而易见的。因此，政府应该说服综合经济政策，以便有效地将汇款流部署到生产性投资中，以增加总产出和总体经济福利。
{"title":"Nexus between Remittance and Household Consumption: Fresh Evidence from Symmetric or Asymmetric Investigation","authors":"Md. Qamruzzaman, Jianguo Wei","doi":"10.35866/CAUJED.2020.45.3.001","DOIUrl":"https://doi.org/10.35866/CAUJED.2020.45.3.001","url":null,"abstract":"There is no conclusive evidence available in empirical literature regarding the patter of relationship, like symmetry or asymmetry, between remittances and household consumption at the aggregate level. With this study, we empirically investigated the nexus between Remittance and Household consumption under the assumption of both symmetric and asymmetric from 1993 to 2017 of a panel of 105 countries. Symmetry investigation performed with Panel ARDL proposed by Pesaran et al. (1999) and asymmetry test executed with the idea of nonlinear ARDL proposed by Shin et al. (2014). For establishing directional causality, we also performed a Panel Granger-causality test under the error correction term. Study findings unveiled an asymmetric relationship between remittance flows and household consumption both in the long run and in the short run, however, the coefficients elasticity explained greater magnitude in the short-run than the long run. Study findings exposed unidirectional causality from remittance to household consumption in the short-run. The effect of remittance inflows on household consumption at the aggregate level is evident. Therefore, the government should persuade integrated economic policy for the effective deployment of remittance flows in productive investment for increasing aggregate production and economic welfare at large.","PeriodicalId":15602,"journal":{"name":"Journal of economic development","volume":"45 1","pages":"1-27"},"PeriodicalIF":0.0,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70077082","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-01-01DOI: 10.35866/CAUJED.2020.45.4.002
Sang-Chul Yoon, J. S. Mah
The present paper compares the impact of grants and concessional loans on economic growth in Kenya and examines whether or not different degrees of political freedom influence this. Autoregressive distributed lags variance bounds tests and error correction models indicate that investment caused economic growth significantly. There is little evidence of globalization-related variables causing economic growth. Grants appear to have affected economic growth negatively, while there is no significant evidence of an effect of concessional loans. This implies that Kenya needs to pursue its own economic development strategy not relying on aid inflows. The impact of grants or loans on economic growth is revealed to be not conditional upon the degree of political freedom in Kenya.
{"title":"Aid Inflows and Economic Growth: Grants and Loans in the Case of Kenya","authors":"Sang-Chul Yoon, J. S. Mah","doi":"10.35866/CAUJED.2020.45.4.002","DOIUrl":"https://doi.org/10.35866/CAUJED.2020.45.4.002","url":null,"abstract":"The present paper compares the impact of grants and concessional loans on economic growth in Kenya and examines whether or not different degrees of political freedom influence this. Autoregressive distributed lags variance bounds tests and error correction models indicate that investment caused economic growth significantly. There is little evidence of globalization-related variables causing economic growth. Grants appear to have affected economic growth negatively, while there is no significant evidence of an effect of concessional loans. This implies that Kenya needs to pursue its own economic development strategy not relying on aid inflows. The impact of grants or loans on economic growth is revealed to be not conditional upon the degree of political freedom in Kenya.","PeriodicalId":15602,"journal":{"name":"Journal of economic development","volume":"45 1","pages":"35-47"},"PeriodicalIF":0.0,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70078464","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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