Numerous econometric studies fail to detect a signicant and robust relationship between international aid and economic growth in the recipient countries. Dutch Disease effects might be responsible for this result.This paper examines the relation between aid and its effectiveness in a...

Numerous econometric studies fail to detect a significant and robust relationship between international aid and economic growth in the recipient countries. Dutch Disease effects might be responsible for this result.This paper examines the relation between aid and its effectiveness in a...

The author shows with pooled OLS estimations based on transport margins from international social accounting data that investments in improved road infra¬structure have the potential to significantly reduce transport costs. However, this result can only be clearly confirmed for industrial...