In Nowak-Lehmann et al. (2012), we used time-series methods to investigate the impact of aid on per capita GDP. Lof … aid variable, and a different sample, they claim to find a positive effect of aid on income, which contrasts with our own … causality tests shows that there is no robust effect of aid on income. …

adds to this literature in three ways: First it tests the validity of the aid volatility and growth relationship from … between IDA aid volatility and growth, it isolates IDA aid volatility due to the recipient country's performance from that due …Recent literature has debated possible adverse impacts of aid volatility on a country's economic performance. Our paper …

The issue of modelling international financial aid to underdeveloped countries baffled economists for decades. The … initial assumptions (that outside aid could help bolster up the internally insufficient investment, thus helping economic … growth) were statistically proven wrong; most of the recipient countries did not experience rapid growth, rather an …

We show empirically that aid given to poor developing countries enhances growth and reduces emigration once several … enhances labour force growth and the savings ratio. Official development aid decreases the savings ratio and the per capita GDP … direct effects of aid on growth and the unfavourable effects on savings, tax revenues, and labour force growth. …

utility by in-kind aid, which also lowers fertility and augments economic growth. …This paper considers the effects of humanitarian aid on economic welfare through a demographic transition channel. We … monetary humanitarian aid on economic welfare. We conclude that if parents strongly value children, giving monetary aid …

least one year – have a significant negative growth effect. Post-conflict recovery of output is enhanced by aid flows but …Growth rates of per capita GDP are depressed by civil conflict to a degree that reflects its severity. Only the more …

. As a by-product of this investigation we also produce evidence on the growth performance of the area. We find a tendency …

This paper investigates the role of aid in mitigating the adverse effects of commodity export price shocks on growth in … exchange rate substantially lower the adverse growth effect of shocks. While the mitigating effect of aid is significant in … commodity-dependent countries. Using a large cross-country dataset, we find that negative shocks matter for short-term growth …

The available evidence on the effects of aid on growth is notoriously mixed. We use a novel empirical methodology, a …, imports, and per capita GDP growth to a “global” aid shock (the common component of individual country aid-to-GDP ratios). We … find that the estimated cumulative responses of exports and per capita GDP growth to a global aid shock are strongly …