Herzer, Dierk; Nowak-Lehmann, Felicitas; Dreher, Axel; … - In: World Development 70 (2015) C, pp. 389-396
In Nowak-Lehmann et al. (2012), we used time-series methods to investigate the impact of aid on per capita GDP. Lof, Mekasha, and Tarp (LMT, 2014) criticize our econometric approach, our interpretation, and our data-handling procedure which lead to a large share of missing observations in some...