Showing 1 - 10 of 106
Unlike in Asia, the manufacturing sector has not (yet) become a driver of structural change in Africa. One common explanation is that the natural resource-focus of many African economies leads to Dutch disease effects. To test this argument for the case of newly found oil in Ghana we develop a...
Persistent link: https://www.econbiz.de/10010283292
The paper examines empirically the proposition that aid to poor countries is detrimental for external competitiveness …, giving rise to Dutch disease type effects. At the aggregate level, aid is found to have a positive effect on growth of labour … sectors. The paper thus finds no empirical support for the hypothesis that aid reduces external competitiveness in developing …
Persistent link: https://www.econbiz.de/10010263535
Political proximity between donor and recipient governments may impair the effectiveness of aid by encouraging … favoritism. By contrast, political misalignment between donor and recipient governments may render aid less effective by adding … 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/10010322361
We analyze the aid portfolio of various bilateral and multilateral donors, testing whether they have prioritised aid in … line with the Millennium Development Goals (MDGs). In doing so, we combine sectorally disaggregated aid data with … terms of their overall generosity and the general poverty orientation of aid, but also in the extent to which their sectoral …
Persistent link: https://www.econbiz.de/10010272941
This paper empirically analyzes the impact of aid on education for about 100 countries over the period 1970-2005. We … estimate a system of equations to test whether and to what extent the impact of sector-specific aid on educational attainment … depends on (i) the extent to which aid adds to overall educational expenditure of the recipient government, (ii) the strength …
Persistent link: https://www.econbiz.de/10010272955
allocating aid in a way that renders effective poverty alleviation more likely. We employ Probit and Tobit models and make use of … an exceptionally detailed database that allows an assessment of the allocation of Swedish NGO aid in comparison to the … allocation of Swedish official aid. Our results show that NGOs are more selective when deciding about which countries to enter at …
Persistent link: https://www.econbiz.de/10010273121
It continues to be heavily disputed whether foreign aid promotes economic growth in developing countries. In most cross …-country regressions, aid is considered effective only if it shifts recipient countries to a significantly higher and sustainable growth … suggested by Hausmann, Pritchett and Rodrik. In assessing what can reasonably be expected from the donors' modest aid efforts …
Persistent link: https://www.econbiz.de/10010273173
We argue that donors could improve the effectiveness of foreign aid by pursuing complementary and coherent non-aid … policies. In particular, we hypothesize that aid from donors that are open to immigration has stronger growth effects than aid … from closed donors. We estimate the aid-growth nexus in first differences to mitigate endogeneity concerns. Our empirical …
Persistent link: https://www.econbiz.de/10010471317
In this paper I discuss the general statistical relationships between beta- and sigmaconvergence (for a definition see section 2) and the implications of the Solow-Swan and Ramsey-Cass model for an OLS-estimation of beta- and sigma-convergence of the log of per capita GDP over a cross section of...
Persistent link: https://www.econbiz.de/10010275564
This paper examines the resource curse and its transmission channels by resource type. We review and synthesize existing theories of the transmission channels of the curse. This synthesis suggests that (1) relating the transmission channels to the characteristics of different types of resources,...
Persistent link: https://www.econbiz.de/10010271919