This paper investigates whether Aid for Trade (AfT) improves export performance, i.e. does AfT lead to greater exports? Using panel data and panel quantile regression, our results suggest that overall AfT disbursements promote the export of goods and services mainly for the .50 and .75...

This paper presents a review of recent studies that estimate the trade effects of foreign aid. It also provides new results obtained using panel data techniques to estimate the direct effects of aid on international trade, accounting for countries' participation in free trade agreements, and the...

This paper presents a theoretical gravity model of trade in which foreign aid is considered as a transfer instead of being part of the trade cost, as it has been previously done in the related literature. We argue that the usual specification leads to invalid out-of-sample predictions, biased...

There are arguably few topics in current global economic policy as intensely debated as the impact of different facets of globalization on human development. Given that the concept of globalization reflects a multitude of economic and societal transformations, the scope of these discussions...