Aid and Sectoral Growth in Thailand

Hiroaki Sakurai

Bulletin of Applied Economics, 2024, vol. 11, issue 1, 41-49

Abstract: This study examines the relationship between foreign aid and sectoral growth in Thailand from 1960 to 2021 using ordinary least squares. While it is important to see how foreign aid impacts the recipient country, few studies provide analyses in this field. The estimation results show a linear relationship not only between foreign aid and secondary industry growth, but also between foreign aid and tertiary industry growth, whereas a relationship between foreign aid and primary industry growth is not necessarily seen. The results are consistent with previous studies.

Keywords: Foreign Aid; Sectoral Growth; Thailand. (search for similar items in EconPapers)
JEL-codes: F35 O53 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:rmk:rmkbae:v:11:y:2024:i:1:p:41-49

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