Konferenzbeitrag
Aid and growth. New evidence using an excludable instrument
We use an excludable instrument to test the effect of foreign aid on economic growth, in a sample of 73 countries over the 1966-2009 period. We interact donors legislature fractionalization with a recipient country s probability to receive aid. The results show fractionalization to increase donors aid budgets, representing the over-time variation of our instrument, while the probability to receive aid introduces variation across recipient countries. Controlling for country- and period-specific effects that absorb the levels of the interacted variables, the interaction provides a powerful and excludable instrument. Making use of this instrument, our results show that aid increases growth.
- Language
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Englisch
- Bibliographic citation
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Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2015: Ökonomische Entwicklung - Theorie und Politik - Session: Public Choice and Welfare ; No. G12-V1
- Classification
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Wirtschaft
International Linkages to Development; Role of International Organizations
Macroeconomic Analyses of Economic Development
Foreign Aid
- Event
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Geistige Schöpfung
- (who)
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Langlotz, Sarah
Dreher, Axel
- Event
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Veröffentlichung
- (when)
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2015
- Handle
- Last update
- 10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Konferenzbeitrag
Associated
- Langlotz, Sarah
- Dreher, Axel
Time of origin
- 2015
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Aid and growth. New evidence using an excludable instrument
Aid and growth: New evidence using an excludable instrument
Aid and Growth. New Evidence Using an Excludable Instrument
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