Lof, Matthijs; Mekasha, Tseday Jemaneh; Tarp, Finn - 2013
endogeneity problem in the aid-growth relationship. Evidence from a panel VAR model estimated on the dataset of NDHKM, suggests a … uncover that NDHKM relied on a regression model that included a log transformation of variables that are not strictly positive … variables and the question under investigation, a Vector Autoregressive (VAR) model can arguably better address the inherent …