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Controversy over the aggregate impact of foreign aid has focused on reduced form estimates of the aid-growth link. The … causal chain, through which aid affects developmental outcomes including growth, has received much less attention. We address … impacts on growth through key intermediate outcomes. A coherent picture emerges: aid stimulates growth and reduces poverty …
Persistent link: https://www.econbiz.de/10013043426
from a developed country to a less-developed country and on the output and growth rate of each country in the presence of … home bias. The analysis uses a model which was developed for this purpose, in which growth is stemming from the increase in …
Persistent link: https://www.econbiz.de/10014199604
effectiveness. For this purpose we examine a commonly used empirical growth model, considering different measures of fiscal …. -- Foreign Aid ; Growth ; Interjurisdictional Competition …
Persistent link: https://www.econbiz.de/10009229025
effectiveness. For this purpose we examine a commonly used empirical growth model, considering different measures of fiscal …
Persistent link: https://www.econbiz.de/10014187250
Persistent link: https://www.econbiz.de/10013023068
This paper examines the link between foreign aid, economic growth, and welfare in a small open economy. External …
Persistent link: https://www.econbiz.de/10014057726
This paper examines the link between foreign aid, economic growth, and welfare in a small open economy. External …
Persistent link: https://www.econbiz.de/10014076237
endogeneity problem in the aid-growth relationship. Evidence from a panel VAR model estimated on the dataset of NDHKM, suggests a …
Persistent link: https://www.econbiz.de/10009765443
Aid flows are included into the standard cross-country catch-up relation. Robustness of the result is tested by changing time periods and by adding extra variables. The main results are: Absolute convergence and absolute aid effectiveness are both rejected. While conditional convergence is...
Persistent link: https://www.econbiz.de/10014217219
Persistent link: https://www.econbiz.de/10012796212