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Aide et Croissance dans les pays de l’Union Economique et Monétaire Ouest Africaine (UEMOA) : retour sur une relation controversée

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  • Nimonka Bayale

    (CERFEG - Centre de Recherche et de Formation en Science Economique et de Gestion - Université de Lomé [Togo], IFPRI - International Food Policy Research Institute [Washington] - CGIAR - Consultative Group on International Agricultural Research [CGIAR])

Abstract

The main purpose of this paper is to analyze threshold effects of official development assistance (ODA) on economic growth in WAEMU zone countries. To achieve this, the study is based on OECD and WDI data covering the period 1980-2015 and used Hansen's Panel Threshold Regression (PTR) model to " bootstrap " aid threshold above which its effectiveness is effective. The evidence strongly supports the view that the relationship between aid and economic growth is non-linear with a unique threshold which is 12.74% GDP. Above this value, the marginal effect of aid is 0.69 points, " all things being equal to otherwise ". One of the main contribution of this paper is to show that WAEMU countries need investments that could be covered by the foreign aid. This later one should be considered just as a complementary resource. Thus, WEAMU countries should continue to strengthen their efforts in internal resource mobilization in order to fulfil this need.

Suggested Citation

  • Nimonka Bayale, 2018. "Aide et Croissance dans les pays de l’Union Economique et Monétaire Ouest Africaine (UEMOA) : retour sur une relation controversée," Working Papers hal-01765313, HAL.
    • Handle: RePEc:hal:wpaper:hal-01765313
    Note: View the original document on HAL open archive server: https://hal.science/hal-01765313
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    References listed on IDEAS

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    1. Arndt Channing & Jones Sam & Tarp Finn, 2010. "Aid, Growth, and Development: Have We Come Full Circle?," Journal of Globalization and Development, De Gruyter, vol. 1(2), pages 1-29, December.
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    6. Mohamed Mounir Sraieb, 2016. "What is Behind Foreign Aid Ineffectiveness?," Reflets et perspectives de la vie économique, De Boeck Université, vol. 0(2), pages 61-73.
    7. Dani Rodrik & Mark Rosenzweig (ed.), 2010. "Handbook of Development Economics," Handbook of Development Economics, Elsevier, edition 1, volume 5, number 6.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Aide; Panel Threshold Regression; Croissance économique; Zone UEMOA; Classification JEL : F 35 C 63 C 26 0 40;
    All these keywords.

    JEL classification:

    • C26 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Instrumental Variables (IV) Estimation
    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • F35 - International Economics - - International Finance - - - Foreign Aid
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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