IDEAS home Printed from https://ideas.repec.org/p/ekd/004912/5401.html
   My bibliography  Save this paper

Macroeconomic stability and the impact of foreign aid on economic growth in Nigeria

Author

Listed:
  • Osaro Agbontaen
  • Milton Iyoha

Abstract

1. Identify unanticipated shocks in foreign aid. 2. Examining how macroeconomic stability constraints foreign aid and hinders the drives of growth. Vector Auto-regression Model 1. Estimates of the innovations of foreign aid shocks to macroeconomic variables shocks generates inconsistencies that distorts budget deficits. 2. Foreign aid shocks creates uncertainties that weakens current account balances and transmit negative shocks that has strong constraining effects on economic growth. 3. Foreign aid negative impacts reduce the tendencies for the economy to grow. 4. Macroeconomic strategies are inconsistent and lack the will to effectively utilize the gains of foreign aid.

Suggested Citation

  • Osaro Agbontaen & Milton Iyoha, 2013. "Macroeconomic stability and the impact of foreign aid on economic growth in Nigeria," EcoMod2013 5401, EcoMod.
    • Handle: RePEc:ekd:004912:5401
    as

    Download full text from publisher

    File URL: http://ecomod.net/system/files/AidMacroEcoStabGwNig.docx
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Nigeria; Macroeconometric modeling; Trade and regional integration;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ekd:004912:5401. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Theresa Leary (email available below). General contact details of provider: https://edirc.repec.org/data/ecomoea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.