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effects of aid. Following the estimation approach of Clemens et al. (2012), we find that aid tends to be less effective when …
Persistent link: https://www.econbiz.de/10010128857
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.
Persistent link: https://www.econbiz.de/10010286642
standard panel estimation techniques, such as 2-ways FE estimation, panel GMM and SUR estimation, points to some pitfalls … dynamic feasible generalized least squares estimation (DFGLS)). Estimations with DFGLS show that aid has an insignificant or a …
Persistent link: https://www.econbiz.de/10010281808