Effectiveness of foreign aid in the light of millennium development goal on the education sector: a case study of Pakistan

Mumtaz Anwar and Muhammad Khalid Rashid

MPRA Paper from University Library of Munich, Germany

Abstract: Aid recipient developing countries have remained stagnant and they are becoming more aid dependent after receiving large amount of aid from developed countries. This reality provokes vigorous debate on the effectiveness of aid. This study analyzes the effectiveness of aid in the education sector of Pakistan during the period 1973-2008.This study focuses on the second Millennium Development goal, which attributes to achieve universal primary education. We estimate econometric model to test the short run and long run relationship between foreign aid and gross primary enrollment in the education sector of Pakistan. For this purpose, Augumented Dickey Fuller test, Johansen Likelihood Ratio test and Vector Error Correction Methods are used. The results show that foreign aid has significantly increased primary school enrollment in Pakistan. The results proved the short run as well as long run relationship between foreign aid and primary school enrollment.

Keywords: Universal Primary Education; Millennium Development Goal; Foreign Aid (search for similar items in EconPapers)
JEL-codes: F35 I21 (search for similar items in EconPapers)
Date: 2011-05-01
References: Add references at CitEc
Citations:

Published in INTERDISCIPLINARY JOURNAL OF CONTEMPORARY RESEARCH IN BUSINESS 1.3(2011): pp. 377-389

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/37141/1/MPRA_paper_37141.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:37141

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().