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Development aid and growth in transition countries

Askarov, Zohid and Doucouliagos, Hristos 2015, Development aid and growth in transition countries, World development, vol. 66, pp. 383-399, doi: 10.1016/j.worlddev.2014.08.014.

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Title Development aid and growth in transition countries
Author(s) Askarov, Zohid
Doucouliagos, HristosORCID iD for Doucouliagos, Hristos orcid.org/0000-0001-5269-3556
Journal name World development
Volume number 66
Start page 383
End page 399
Total pages 17
Publisher Elsevier
Place of publication Amsterdam, The Netherlands
Publication date 2015
ISSN 0305-750X
Keyword(s) Social Sciences
Economics
Planning & Development
Business & Economics
Public Administration
aid effectiveness
growth
transitional economies
endogeneity
FOREIGN-AID
INITIAL CONDITIONS
ECONOMIES
DEMOCRACY
POLICIES
QUALITY
MODELS
PERFORMANCE
AFRICA
EUROPE
Summary Empirical studies normally analyze diverse and heterogeneous groups of countries, producing very mixed evidence on the effectiveness of development aid in promoting growth. We focus on whether aid promotes economic growth in transitional economies. We find that aid, on average, has had a positive impact on growth for this specific group of countries. This result is robust to samples, estimators, and the use of alternate instruments to address endogeneity. Aid effectiveness is not conditional on good policy and there is little evidence of non-linear growth effects arising from aid.
Language eng
DOI 10.1016/j.worlddev.2014.08.014
Field of Research 140202 Economic Development and Growth
Socio Economic Objective 910103 Economic Growth
HERDC Research category C1 Refereed article in a scholarly journal
Copyright notice ©2015, Elsevier
Persistent URL http://hdl.handle.net/10536/DRO/DU:30069655

Document type: Journal Article
Collections: Faculty of Business and Law
Alfred Deakin Research Institute
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