Feeny, Simon; Fry, Tim R.L. - In: Journal of Policy Modeling 36 (2014) 6, pp. 1066-1081
This paper examines how long the impact of foreign aid on growth lasts in recipient countries. An econometric technique is adopted which recognises that the impact of aid in the current year is a function not just of the current aid received but also of the aid received in previous years....