Aid effectiveness: when aid spurs investment

Purpose – This paper aims to analyze the effectiveness of aid in stimulating investment using different measures of aid and up-to-date panel time-series techniques. This study controls for endogeneity by using dynamic ordinary least squares (DOLS) and minimizes the risk of running a spurious long-ru...

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Bibliographic Details
Main Authors: Felicitas Nowak-Lehmann, Elena Gross
Format: Article
Language:English
Published: Emerald Publishing 2021-10-01
Series:Applied Economic Analysis
Subjects:
Online Access:https://www.emerald.com/insight/content/doi/10.1108/AEA-08-2020-0110/full/pdf