Konferenzbeitrag
The Impact of Aid on Growth an aid disaggregation approach
This paper investigates the impact of aid on growth. A clear departure from the vast majority of the existing literature is that we a disaggregate aid by functional classification. Using the GMM SYS approach to dynamic panel estimator we test the three main competing specifications in the aid and growth literature for a sample of aid recipient countries over the 1974-2001 period. Our results clearly show that the different categories of aid exert different effects on growth. Indeed, we find that project aid exerts a positive and significant impact on growth whilst financial programme aid generally impacts on growth negatively. Our results also show that the impact of non-financial aid, technical assistance grants and food aid, is statistically insignificant. We found, however, no evidence to suggest that policy enhances the growth effect of the aid categories. Our non-linearity tests suggest that only project aid is associated with diminishing returns. Finally, our results confirm the finding that climate related conditions affect the working of aid (project).
- Sprache
-
Englisch
- Erschienen in
-
Series: Proceedings of the German Development Economics Conference, Zürich 2008 ; No. 31
- Klassifikation
-
Wirtschaft
- Thema
-
Aid
Growth
Dynamic Panel Methods
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Ouattara, Bazoumana
Strobl, Eric
- Ereignis
-
Veröffentlichung
- (wer)
-
Verein für Socialpolitik, Ausschuss für Entwicklungsländer
- (wo)
-
Göttingen
- (wann)
-
2008
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Konferenzbeitrag
Beteiligte
- Ouattara, Bazoumana
- Strobl, Eric
- Verein für Socialpolitik, Ausschuss für Entwicklungsländer
Entstanden
- 2008
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