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.

ग्रंथसूची विवरण
मुख्य लेखक: Tan, K
स्वरूप: Working paper
भाषा:English
प्रकाशित: 2006
विषय:
विवरण
सारांश: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.