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The long-run effect of aid on domestic output
Herzer, Dierk; Morrissey, Oliver - 2009
This paper makes two main contributions. First, we examine the long-run effect of foreign aid on domestic output for 59 … detect possible cross-country differences in the output effect of aid. The main result is that aid has, on average, a …-specific factors explaining the cross-country differences in the estimated long-run effect of aid. In contrast to previous studies, we …
Persistent link: https://www.econbiz.de/10010288521
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The Long-Run Effect of Foreign Aid on Domestic Output
Herzer, Dierk; Morrissey, Oliver - 2010
This paper makes two main contributions. First, we examine the long-run effect of foreign aid on domestic output for 59 … to detect possible cross-country differences in the output effect of aid. The main result is that aid has, on average, a …-specific factors explaining the cross-country differences in the estimated long-run effect of aid. In contrast to previous studies, we …
Persistent link: https://www.econbiz.de/10010301537
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The Long-Run Effect of Foreign Aid on Domestic Output
Herzer, Dierk; Morrissey, Oliver - 2010
This paper makes two main contributions. First, we examine the long-run effect of foreign aid on domestic output for 59 … to detect possible cross-country differences in the output effect of aid. The main result is that aid has, on average, a …-specific factors explaining the cross-country differences in the estimated long-run effect of aid. In contrast to previous studies, we …
Persistent link: https://www.econbiz.de/10010270288
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Cross-country heterogeneity and the trade-income relationship
Herzer, Dierk - 2009
This paper makes two contributions to the literature on the impact of trade on income. First, we use heterogeneous panel cointegration techniques that are robust to omitted variables and endogenous regression to estimate the effect of trade on income for 81 developed and developing countries,...
Persistent link: https://www.econbiz.de/10010301490
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Cross-country heterogeneity and the trade-income relationship
Herzer, Dierk - 2009
This paper makes two contributions to the literature on the impact of trade on income. First, we use heterogeneous panel cointegration techniques that are robust to omitted variables and endogenous regressors to estimate the effect of trade on income for 81 developed and developing countries,...
Persistent link: https://www.econbiz.de/10011345431
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Outlier detection in structural time series models: The indicator saturation approach
Marczak, Martyna; Proietti, Tommaso - 2014
Structural change affects the estimation of economic signals, like the underlying growth rate or the seasonally adjusted series. An important issue, which has at- tracted a great deal of attention also in the seasonal adjustment literature, is its detection by an expert procedure. The...
Persistent link: https://www.econbiz.de/10010398373
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Cross-country heterogeneity and the trade-income relationship
Herzer, Dierk - 2010
This paper makes the following contributions to the literature on the impact of trade on income. First, we use heterogeneous panel cointegration techniques that are robust to omitted variables and endogenous regressors to estimate the effect of trade on income for 75 developed and developing...
Persistent link: https://www.econbiz.de/10010281831
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How does foreign direct investment really affect developing countries' growth?
Herzer, Dierk - 2010
This paper contributes to the literature on foreign direct investment (FDI) and economic growth in two main ways. First, we examine the effect of FDI on economic growth for 44 developing countries over the period 1970 to 2005 using heterogeneous panel cointegration techniques that are robust to...
Persistent link: https://www.econbiz.de/10010286643
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Of Donor Coordination, Free-Riding, Darlings, and Orphans: The Dependence of Bilateral Aid on Other Bilateral Giving
Davies, Ronald B.; Klasen, Stephan - 2013
Using data from 1988 to 2007, we examine to what extent bilateral aid flows of an individual donor to a country depend … on aid flows from all other bilateral and multilateral donors to that country. We thereby want to assess to what extent … donor coordination, free-riding, selectivity, specialization, and common donor motivations drive bilateral aid allocation as …
Persistent link: https://www.econbiz.de/10010292714
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EU-African Economic Relations: Continuing Dominance, Traded for Aid?
Kohnert, Dirk - 2008
Promising growth rates, increased trade, and competition among major global players for African resources have boosted the development and bargaining power of sub-Saharan Africa (SSA) in relation to the EU. However, Africa's least developed countries remain vulnerable to external shocks....
Persistent link: https://www.econbiz.de/10010293533