A pooled mean group analysis on aid and growth
This paper uses the pooled mean group estimator and an extended annual dataset to examine the effectiveness of aid on growth. The results indicate a signifi…cant long-run impact of aid on growth, but conditioning aid on 'good' policy reduces the long-run growth rate.
| Main Author: | |
|---|---|
| Format: | Working paper |
| Language: | English |
| Published: |
2006
|
| Subjects: |
| Summary: | This paper uses the pooled mean group estimator and an extended annual dataset to examine the effectiveness of aid on growth. The results indicate a signifi…cant long-run impact of aid on growth, but conditioning aid on 'good' policy reduces the long-run growth rate. |
|---|