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Aid effectiveness on accumulation: a meta study
journal contribution
posted on 2006-01-01, 00:00 authored by Chris DoucouliagosChris Doucouliagos, M PaldamThe AEL (aid effectiveness literature) studies the macroeconomic effects of development aid using cross-country or panel data econometrics. It contains 97 papers of which 43 study whether development aid leads to increasing accumulation. The aggregate results of the 43 studies are that aid increases investment with about 25% of the aid, while most of the remaining 75% of the effect is crowded out by a fall in savings. However, these aggregate results are so variable that it is dubious if accumulation rises.
History
Journal
KyklosVolume
59Issue
2Pagination
227 - 254Publisher
Wiley-BlackwellLocation
London, UKPublisher DOI
ISSN
0023-5962eISSN
1467-6435Language
engPublication classification
C1 Refereed article in a scholarly journalCopyright notice
2006 Blackwell PublishingUsage metrics
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