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Aid and growth accelerations : an alternative approach to assessing the effectiveness of aid

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dc.creator Dovern, Jonas
dc.creator Nunnenkamp, Peter
dc.date 2007
dc.date.accessioned 2013-10-16T06:10:24Z
dc.date.available 2013-10-16T06:10:24Z
dc.date.issued 2013-10-16
dc.identifier Kyklos 0023-5962 60 2007 3 359-383
dc.identifier doi:10.1111/j.1467-6435.2007.00376.x
dc.identifier http://hdl.handle.net/10419/4042
dc.identifier ppn:538861185
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/4042
dc.description The paper applies an alternative approach to assess whether foreign aid promotes economic growth in developing countries, based on the concept of temporary growth accelerations suggested by Hausmann, Pritchett and Rodrik. In addition to aggregate aid, we differentiate between major aid categories, including grants, loans and so-called short-impact aid. It turns out that aid flows have a small but significantly positive effect on the conditional probability of growth accelerations. This result holds across different estimation methods. However, the significance of results crucially depends on the criteria applied to identify growth accelerations.
dc.description The paper applies an alternative approach to assess whether foreign aid promotes economic growth in developing countries, based on the concept of temporary growth accelerations suggested by Hausmann, Pritchett and Rodrik. In addition to aggregate aid, we differentiate between major aid categories, including grants, loans and so-called short-impact aid. It turns out that aid flows have a small but significantly positive effect on the conditional probability of growth accelerations. This result holds across different estimation methods. However, the significance of results crucially depends on the criteria applied to identify growth accelerations.
dc.language eng
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject ddc:330
dc.subject Entwicklungshilfe
dc.subject Ausländisch
dc.subject Entwicklungsfinanzierung
dc.subject Wirtschaftspolitische Wirkungsanalyse
dc.subject Wirtschaftswachstum
dc.subject Schätzung
dc.subject Entwicklungsländer
dc.title Aid and growth accelerations : an alternative approach to assessing the effectiveness of aid
dc.type doc-type:article


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