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 resposive of exports and per capita GDP growth to a global aid shock are strongly …

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 resposive of exports and per capita GDP growth to a global aid shock are strongly …

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 …

This paper examines how macroeconomic policies can be managed to accommodate a large inflow of foreign aid to combat …, they should be able to both ‘spend’ aid in order to finance larger government programmes and ‘absorb’ aid in order to … import more real resources. Often, governments that receive foreign aid neither spend nor absorb it fully, defeating the …

, imports, and per capita GDP growth to a “global” aid shock. We find that a global aid shock can affect exports, imports, and … growth either positively or negatively. As a result, the relation between aid and growth is mixed, consistent with the … ambiguous results in the existing literature. For most countries in the sample, when aid reduces exports and imports, it also …

This article tests for the causal direct and interactive association between capital inflow, aid and domestic savings … revealed bi-directional causality between aid and growth and between trade openness and growth. One way causality is concluded … between aid and openness, where the former Granger causes the latter. The reverse is not correct. As practical implications …

We show empirically that aid given to poor developing countries enhances growth and reduces emigration once several … dynamically interacting effects of aid are taken into account in a system of equations. We estimate equations for net immigration … official development aid. We use dynamic panel data methods for a sample of poor countries with GDP per capita below $1200 …

We show empirically that aid given to poor developing countries enhances growth and reduces emigration once several … dynamically interacting effects of aid are taken into account in a system of equations. We estimate equations for net immigration … official development aid. We use dynamic panel data methods for a sample of poor countries with GDP per capita below $1200 …