EFOBI, Uchenna; BEECROFT, Ibukun; ASONGU, Simplice - African Governance and Development Institute (AGDI) - 2014
This note reconciles an on-going debate on the effect of foreign aid on corruption by introducing a previously missing heterogeneity dimension of aid. The relationship was estimated using dynamic system GMM and quantile regressions (QR). Results show that both narratives in the debate are...