Gyimah-Brempong, Kwabena; Racine, Jeffrey S. - Department of Economics, McMaster University - 2014
This paper uses panel data and the Local Linear Kernel Estimator (LLKE) to investigate the effects of aid on economic … growth in developing countries. Specifically, we investigate the robustness of a popular parametric specification of the aid …/economic growth relationship in Less Developed countries (LDCs). First, we find that aid has a significant impact on economic growth …