Showing 1 - 10 of 12,234
Political proximity between donor and recipient governments may impair the effectiveness of aid by encouraging favoritism. By contrast, political misalignment between donor and recipient governments may render aid less effective by adding to transaction costs and giving rise to incentive...
Persistent link: https://www.econbiz.de/10010128857
There is little consensus on the capacity for foreign aid to cause economic growth in developing countries. This is due in large part to the fact that foreign aid recipients are selected by donors, confounding identification. This paper proposes an identification strategy that exploits exogenous...
Persistent link: https://www.econbiz.de/10013005040
Past research on aid and growth is flawed because it typically examines the impact of aggregate aid on growth over a short period, usually four years, while significant portions of aid are unlikely to affect growth in such a brief time. We divide aid into three categories: (1) emergency and...
Persistent link: https://www.econbiz.de/10014219364
This paper examines whether foreign aid in education has a significant effect on growth. We take into consideration the heterogeneous nature of aid as well as the heterogeneity of aid recipients - we disaggregate the aid data into primary, secondary and higher education, and run separate...
Persistent link: https://www.econbiz.de/10014051214
Past research on aid and growth is flawed because it typically examines the impact of aggregate aid on growth over a short period, usually four years, while significant portions of aid are unlikely to affect growth in such a brief time. We divide aid into three categories: (1) emergency and...
Persistent link: https://www.econbiz.de/10014070592
The literature on aid and growth has not found a convincing instrumental variable to identify the causal effects of aid. In this paper we exploit an instrumental variable based on the fact that since 1987, a major criterion for IDA (International Development Association) eligibility has been...
Persistent link: https://www.econbiz.de/10013034126
.e. percentage point) changes in FGT poverty measures assuming a log-normal income distribution, which we argue to be a conceptually … superior and more policy-relevant measure than the much used "regular" growth elasticity of poverty reduction. We also test the … empirical relationship of these semi-elasticities of growth and distributional change on poverty and find them to explain actual …
Persistent link: https://www.econbiz.de/10003876151
This article examines the causal relationship between foreign aid, poverty, and economic growth in 82 developing … relationship between economic growth and poverty; (b) a unidirectional causal relationship from economic growth to foreign aid; and … (c) unidirectional causality from poverty to foreign aid. In the long-run, the study found that (a) foreign aid tends to …
Persistent link: https://www.econbiz.de/10012149196
Persistent link: https://www.econbiz.de/10009793380
Persistent link: https://www.econbiz.de/10011612020