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.

Bibliográfalaš dieđut
Váldodahkki: Tan, K
Materiálatiipa: Working paper
Giella:English
Almmustuhtton: 2006
Fáttát:
Govvádus
Čoahkkáigeassu: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.