| Creators: |
Nguyen Phuc, Hien and Huynh, Anh Ngoc Quang and Reisach, Ulrike and Kim, Xuyen Le Thi |
| Title: |
How does Japanese ODA really contribute to economic growth for ASEAN countries? |
| Item Type: |
Article or issue of a publication series |
| Journal or Series Title: |
Journal of International Economics and Management : JIEM |
| Page Range: |
pp. 71-83 |
| Additional Information: |
Open Access: This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License. |
| Date: |
2022 |
| Divisions: |
Informationsmanagement |
| Abstract (ENG): |
Japan has provided ODA funding for promoting economic development in ASEAN countries for a long time. This study aims to verify how Japan’s ODA contributes to economic growth of the ASEAN countries during the period of 2008-2020. Based on the Cobb-Douglas production function, we build a model to estimate the effects of the ODA funding on economic growth. The results show that the ODA exhibits a significantly positive relationship with economic growth of these countries. A one percent increase in the ODA inflow contributes to the economic growth by 0.226 percent. Capital and labor are important factors driving the economic growth while FDI has a negligible impact. |
| Forthcoming: |
No |
| Language: |
English |
| Link eMedia: |
Download |
| Citation: |
Nguyen Phuc, Hien and Huynh, Anh Ngoc Quang and Reisach, Ulrike and Kim, Xuyen Le Thi
(2022)
How does Japanese ODA really contribute to economic growth for ASEAN countries?
Journal of International Economics and Management : JIEM, 22 (2).
pp. 71-83.
ISSN 2615-9856
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