Tai, Meng-Yi; Chao, Chi-Chur; Hu, Shih-Wen - In: The North American Journal of Economics and Finance 32 (2015) C, pp. 155-161
This paper examines the growth impacts of aid allocation on healthcare and pollution abatement in an endogenous growth model, and finds that the aid tied to them contributes positively to the equilibrium growth rate. Nonetheless, the growth rate can be reduced or even impaired if the ratio of...