英文文献:Foreign Aid, Terrorism and Growth: Conditional Evidence from Quantile Regression-外援、恐怖主义与增长:分位数回归的有条件证据
英文文献作者:Simplice A. Asongu,Jacinta C. Nwachukwu,Nicholas Biekpe
英文文献摘要:
In this study, we investigate the role of development assistance in reducing a hypothetically negative impact of terrorism on economic growth, using a panel of 78 developing nations with data for the period 1984-2008. The empirical evidence is based on interactive Quantile regressions. Domestic, transnational, unclear and total terrorism dynamics are employed while development assistance measurements comprised: bilateral and multilateral aid variables. With regard to the investigated hypothesis, we consistently confirm that: (i) In quantiles where terrorism is found to increase (decrease) economic growth, its interaction with foreign aid decreases (increases) economic growth. (ii) Comparing thresholds of the modifying aid variables for which the hypothesis is either rejected or accepted reveals that higher levels of multilateral (bilateral) aid are needed to reverse the negative effect of total (unclear) terrorism on growth, than the quantity needed to reverse the positive impact of transnational (domestic and total) terrorism(s) on growth. (iii) There is scant evidence of positive net effects. Overall the findings broadly indicate that foreign aid is a necessary but not a sufficient policy tool for completely dampening the effects of terrorism on economic growth.
在这项研究中,我们调查了发展援助在减少恐怖主义对经济增长的假定负面影响方面的作用,使用了78个发展中国家的小组,这些国家的数据来自1984年至2008年。经验证据是基于交互分位数回归。国内的、跨国的、不明确的和全面的恐怖主义动态被使用,而发展援助的测量包括:双边和多边援助变量。对于所调查的假设,我们一致证实:(i)在恐怖主义增加(减少)经济增长的分位数中,恐怖主义与外援的交互作用减少(增加)经济增长。(2)比较阈值的修改援助变量的假设是拒绝或接受显示更高水平的多边援助(双边)需要扭转总(听不清)恐怖主义对经济增长的负面影响,比数量需要反向的积极影响跨国恐怖主义(国内和总)(s)的增长。没有充分的证据表明产生了积极的净影响。总体而言,调查结果广泛表明,要完全抑制恐怖主义对经济增长的影响,外国援助是必要的,但不是充分的政策工具。


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