Impact of official development assistance on external trade balance of Nepal: An Empirical Analysis = 공적개발원조가 네팔의 대외무역수지에 미치는 영향

다국어 초록 (Multilingual Abstract)

This paper examines the impact of Official development assistance
and official aid received (ODA)on external balance of Nepal for the
period 1990-2019. Moreover, the study also includes tax revenue and
tourism to analyze with the external balance including the same time
period. During this time period, the country experienced many notable
occurrences. Specially, the abolishment of monarchy resulted in Nepal
and it was declared as a republic country. As many important
phenomena happened during this period, so this particular time period
is chosen as a research study.
In order to analyze the data and find the outcome, a multiple linear
regression model was conducted. According to the research and its
hypotheses that were tested with the model confirmed that ODA had
a significant negative relationship with external balance. Moreover,
other independent variables tax revenue and tourism were also
regressed together with the dependent variable and found the similar
significant negative effect on external trade balance of a country.
During the study, the annual time series data from 1990-2019 has
been regressed including external balance as dependent variable and
ODA, tax revenue and tourism as independent variables.

목차 (Table of Contents)

• 1. Introduction ...........................................................................................1
• 1.1 Background......................................................................................1
• 1.2 Statement of the problem..............................................................3
• 1.3 Structure of the research...............................................................6
• 2. Literature review..................................................................................7
• 2.1 An Outlook of Nepalese Economy.................................................7
• 2.2 Gross Domestic Product and GDP Per Capita.............................14
• 2.3 ODA and its inflows to Nepal......................................................17
• 2.4 Tax revenue and International Tourism receipts in Nepal........24
• 2.5 Existing literatures relevant to present dissertation..................34
• 3. Research design..................................................................................45
• 3.1 Research Objectives......................................................................45
• 3.2 Research Hypotheses....................................................................46
• 3.3 Research Questions.......................................................................46
• 4. Data....................................................................................................48
• 4.1 Data Collection...............................................................................48
• 4.2 Definition of Variables..................................................................48
• 5. Methodology........................................................................................50
• 5.1 Regression Analysis......................................................................50
• 6. Findings and Results..........................................................................59
• 6.1 Regression result of dependent and independent
• variables...............................................................................59
• 7. Discussion...........................................................................................62
• 8. Conclusion...........................................................................................68
• REFERENCE: Collection of all reference papers & books..................71
• Abstract in Korean (국문 요약).............................................................76