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development until countries reach upper-middle income, and only thereafter falls. This note quantifies the shape of the mobility …
Persistent link: https://www.econbiz.de/10010423766
This paper examines fungibility as a possible explanation for the "missing link" between foreign aid and economic growth. The composition of aid plays a crucial role in determining the composition of government spending and, consequently, the magnitude of fungibility and its impact on growth....
Persistent link: https://www.econbiz.de/10003607741
The typical identification strategy in aid effectiveness studies assumes donor motives do not influence the impact of aid on growth. We call this homogeneity assumption into question, first constructing a model in which donor motives matter and then testing the assumption empirically. -- Aid ;...
Persistent link: https://www.econbiz.de/10003832281
Various development objectives are worthy, but to my mind, one objective dominates all others: reducing the scourge of …
Persistent link: https://www.econbiz.de/10009696021
The available evidence on the effects of aid on growth is notoriously mixed. We use a novel empirical methodology, a heterogeneous panel vector-autoregression model identified through factor analysis, to study the dynamic response of exports, imports, and per capita GDP growth to a global aid...
Persistent link: https://www.econbiz.de/10010247921
Persistent link: https://www.econbiz.de/10001537366
This paper evaluates the effect of development project aid from the World Bank and China on firms' sales growth, using …
Persistent link: https://www.econbiz.de/10012612641
Persistent link: https://www.econbiz.de/10010193408
This paper combines development accounting exercises with economic theory to assess the importance of total factor … successful development benchmarks are explained by subpar productivity gains rather than slower factor accumulation. The … empirical analysis of the interplay between productivity and accumulation in the process of development suggests that one …
Persistent link: https://www.econbiz.de/10011472124
Persistent link: https://www.econbiz.de/10010518018