Showing 1 - 10 of 11,625
This paper provides new empirical findings on the aid-growth relation. We find evidence for considerable asymmetry in the aid-growth relation; i.e., aid cuts have a large negative impact on economic activity, while increasing aid may be ineffective in promoting growth. Development aid thus...
Persistent link: https://www.econbiz.de/10014502327
In this paper, we investigate the relationship between foreign aid and growth using recently developed sample splitting methods that allow us to uncover evidence for the existence of heterogeneity and nonlinearity simultaneously. We also implement a new methodology that allows us to deal with...
Persistent link: https://www.econbiz.de/10014055543
The majority of the world's poor, by income poverty and multi-dimensional poverty, now live in countries officially … classified by the World Bank as middle-income countries. Of course nothing happens when a country crosses a (somewhat) arbitrary … ending aid. In light of this, this paper considers two competing perspectives on this changing pattern of global poverty: the …
Persistent link: https://www.econbiz.de/10009752790
Persistent link: https://www.econbiz.de/10009658916
Persistent link: https://www.econbiz.de/10012063415
Persistent link: https://www.econbiz.de/10009377979
Persistent link: https://www.econbiz.de/10009689093
In a recent article, Nowak-Lehmann, Dreher, Herzer, Klasen, and Martínez-Zarzoso (2012) (henceforth NDHKM) conclude that foreign aid has not had a significant effect on income, based on evidence from panel data potentially covering 131 countries over the period 1960-2006. The present study...
Persistent link: https://www.econbiz.de/10013031504
The typical identification strategy in aid effectiveness studies assumes donor motives do not influence the impact of aid on growth. We call this homogeneity assumption into question, first constructing a model in which donor motives matter and then testing the assumption empirically. -- Aid ;...
Persistent link: https://www.econbiz.de/10003832281
The typical identification strategy in aid effectiveness studies assumes donor motives do not influence the impact of aid on growth. We call this homogeneity assumption into question, first constructing a model in which donor motives matter and then testing the assumption empirically. -- Aid ;...
Persistent link: https://www.econbiz.de/10003908678