Herzer, Dierk; Morrissey, Oliver - Verein für Socialpolitik, Ausschuss für … - 2010
This paper makes two main contributions. First, we examine the long-run effect of foreign aid on domestic output for 59 … to detect possible cross-country differences in the output effect of aid. The main result is that aid has, on average, a …-specific factors explaining the cross-country differences in the estimated long-run effect of aid. In contrast to previous studies, we …