DOES FOREIGN AID IMPROVE HUMAN CAPITAL? FERTILITY RATES AS A MODERATOR
This paper aims to analyze the effect of foreign aid on human capital and examines whether the fertility rate moderates this relationship. Using dynamic panel data from 119 aid recipient countries from 2002 to 2022, the results indicate that foreign aid is positively associated with human capital de...
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Published in | Journal of economic development Vol. 50; no. 1; pp. 45 - 66 |
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Main Authors | , |
Format | Journal Article |
Language | English |
Published |
Seoul
The Economic Research Institute, Chung-Ang University
01.03.2025
경제연구소 |
Subjects | |
Online Access | Get full text |
ISSN | 0254-8372 |
DOI | 10.35866/caujed.2024.50.1.003 |
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Abstract | This paper aims to analyze the effect of foreign aid on human capital and examines whether the fertility rate moderates this relationship. Using dynamic panel data from 119 aid recipient countries from 2002 to 2022, the results indicate that foreign aid is positively associated with human capital development measured by Human Development Index (HDI). The findings also show that fertility rates negatively moderate the impact of foreign aid on human capital. This suggests that foreign aid is less effective in improving human capital in countries with high fertility rates, highlighting the importance of incorporating measures that account for fertility rates in aid policies. |
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AbstractList | This paper aims to analyze the effect of foreign aid on human capital and examines whether the fertility rate moderates this relationship. Using dynamic panel data from 119 aid recipient countries from 2002 to 2022, the results indicate that foreign aid is positively associated with human capital development measured by Human Development Index (HDI). The findings also show that fertility rates negatively moderate the impact of foreign aid on human capital. This suggests that foreign aid is less effective in improving human capital in countries with high fertility rates, highlighting the importance of incorporating measures that account for fertility rates in aid policies. KCI Citation Count: 0 This paper aims to analyze the effect of foreign aid on human capital and examines whether the fertility rate moderates this relationship. Using dynamic panel data from 119 aid recipient countries from 2002 to 2022, the results indicate that foreign aid is positively associated with human capital development measured by Human Development Index (HDI). The findings also show that fertility rates negatively moderate the impact of foreign aid on human capital. This suggests that foreign aid is less effective in improving human capital in countries with high fertility rates, highlighting the importance of incorporating measures that account for fertility rates in aid policies. |
Author | Kim, Yu Ri Kim, Woojin |
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SubjectTerms | Developing countries Economic growth Education Fertility Foreign aid GNI Gross National Income Human capital Human Development Index LDCs Life expectancy Standard of living 경제학 |
Title | DOES FOREIGN AID IMPROVE HUMAN CAPITAL? FERTILITY RATES AS A MODERATOR |
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