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Recent literature contains many stories of how foreign aid affects economic growth: aid raises growth in countries with good policies, or in countries with difficult economic environments, or mainly outside the tropics, or on average with diminishing returns. The diversity of these results...
Persistent link: https://www.econbiz.de/10012724861
The recent literature contains many stories of how foreign aid affects economic growth. Aid raises growth in countries with good policies, or with difficult economic environments, or outside the tropics, or on average but with diminishing returns. The diversity of the results suggests that many...
Persistent link: https://www.econbiz.de/10012759283
The Burnside and Dollar (2000, AER) finding that aid raises growth in a good policy environment has had an important influence on policy and academic debates. We conduct a data gathering exercise that updates their data from 1970 -93 to 1970 -97, as well as filling in missing data for the...
Persistent link: https://www.econbiz.de/10013226054
In “Long-Term Growth as a Sequence of Exponential Modes,” Robin Hanson presents a characteristically pathbreaking analysis, of economic growth over the history of the genus Homo. The paper shows that, across 2 million years, the data series for gross world product (GWP) can be modeled as a...
Persistent link: https://www.econbiz.de/10013293036
The Burnside and Dollar (2000, AER) finding that aid raises growth in a good policy environment has had an important influence on policy and academic debates. We conduct a data gathering exercise that updates their data from 1970 -93 to 1970 -97, as well as filling in missing data for the...
Persistent link: https://www.econbiz.de/10012468851
The Commitment to Development Index (CDI) ranks 21 of the world's richest countries on their dedication to policies that benefit the five billion people living in poorer nations. Moving beyond simple comparisons of foreign aid, the CDI ranks countries on seven themes: quantity and quality of...
Persistent link: https://www.econbiz.de/10014219787
The cross-country literature on foreign aid effectiveness has relied on the use of instruments to distinguish causality from mere correlation. This paper uses simple non-instrumental techniques in the spirit of Granger to demonstrate that the main aid-growth connection is a negative causal...
Persistent link: https://www.econbiz.de/10014219893