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Development Aid and Economic Growth.

We analyze the growth impact of official development assistance to developing countries. Our approach is different from that of previous studies in two major ways. First, we disentangle the effects of two kinds of aid: developmental and non-developmental. Second, our specifications allow for the eff...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Reddy, Sanjay
Otros Autores: Minoiu, Camelia
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : International Monetary Fund, 2009.
Colección:IMF Working Papers.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • I. Introduction; II. Literature Review; III. The Pitfalls of Misspecification; IV. Defining Developmental Aid; V. Empirical Evidence; A. Cross-Sectional Regressions; B. Panel Regressions; VI. Further Results; A. Income Threshold Effects; B. Aid and the Policy Environment; C. Caveats; VII. Conclusions; References; Appendix; Appendix Tables; 1. Variables and data sources; 2. Summary statisics of selected variables; Appendix Figures; 1. Bilateral and multilateral aid as shares of total aid; 2. Developmental aid as a share of bilateral aid.
  • 3. Cross-sectional OLS regressions: Replicating previous results4. Cross-sectional OLS regressions: The effect of lagged total aid on growth; 5. Cross-sectional OLS regressions: The effect of developmental aid on growth; 3. Growth vs. lagged total bilateral aid; 4. Growth vs. lagged bilateral aid from G1 donors; 5. Growth vs. lagged bilateral aid from G2 donors; 6. Growth vs. lagged bilateral aid from G3 donors; 6. Panel (System GMM) regressions: The effect of developmental aid on growth.