Browsing by Author "Aboma, Tolessa"

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    The Impact of Foreign Aid on Domestic Saving, Investment and Economic Growth: The Case of Ethiopia
    (A.A.U, 2001-06) Aboma, Tolessa; Kiberet, Haile (Dr)
    The objective of the study is to examine the relationship between foreign aid and domestic saving investment and economic growth in Ethiopia for the period 1964/65 to 1998/99. The analysis makes use of the Johansen maximum likelihood estimation procedure. The main findings are: foreign grant has a negative and significant impact on saving, investment and growth, while foreign loan has a positive and significant impact on above mentioned economic performance indicator. Applying the Error Correction MODEL (ECM), foreign grant and loan are insignificant through out the model in the short-run.