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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
Persistent link: https://www.econbiz.de/10011342889
In a recent article, Nowak-Lehmann, Dreher, Herzer, Klasen, and Mart.nez-Zarzoso (2012) (henceforth NDHKM) conclude that foreign aid has not had a significant effect on income, based on evidence from panel data potentially covering 131 countries over the
Persistent link: https://www.econbiz.de/10010757065
This paper examines the impact of foreign aid on economic growth in Sierra Leone, a country where an empirical … significant contribution in promoting economic growth in the country. This finding is found to be robust across approaches and … specifications. Whilst aid may have been associated with improvement in economic growth in the country, its impact during the period …
Persistent link: https://www.econbiz.de/10010333088
Despite a voluminous literature on the topic, the question of whether foreign aid leads to growth is still … controversial. To observe the pure effect of aid, researchers used instruments that must be exogenous to growth and explain well aid ….6 percentage points higher growth rate. …
Persistent link: https://www.econbiz.de/10012110638
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 humanitarian aid (likely to be negatively correlated with growth); (2 …
Persistent link: https://www.econbiz.de/10005408143
The Pacific island countries (PICs) have been among the world’s top ten recipients of official development assistance (ODA) on a per capita basis. This paper seeks to examine the effectiveness of external aid by undertaking a panel data study covering five countries in the South Pacific,...
Persistent link: https://www.econbiz.de/10010570136
Despite a voluminous literature on the topic, the question of whether foreign aid leads to growth is still … controversial. To observe the pure effect of aid, researchers used instruments that must be exogenous to growth and explain well aid ….6 percentage points higher growth rate. …
Persistent link: https://www.econbiz.de/10009003110
This paper assesses econometrically the contribution of aid to output growth in a panel of twenty transition countries … growth. A second result is that the positive effect of aid seems to be stronger when associated with economic liberalisation … economic growth and the recent declining trend in aid commitments from industrialized countries. …
Persistent link: https://www.econbiz.de/10010313255
the world. Using AidData for 2000-13, this paper examines the effects of aid to productive sectors on manufacturing growth … in Africa. Econometric results show that increased assistance to these sectors is associated with an increase in growth … productive sectors and growth of the manufacturing sector. These findings make an important contribution to the economic …
Persistent link: https://www.econbiz.de/10012887967