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Spatial aid spillovers during transition

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posted on 2015-01-01, 00:00 authored by Zohidjon Askarov, Chris DoucouliagosChris Doucouliagos
We investigate whether development aid stimulates growth in transition economies, paying particular attention to the possibility of spatial spillovers arising from aid. We find that aid has a positive impact on growth of the recipient country. However, aid also appears to generate adverse growth spillovers on other nations. In contrast, we find significant positive spatial spillovers from good policies and there is some evidence that growth in one transition economy tends to spillover to bordering countries. Spillovers are an important part of the growth experience of transitional economies.

History

Series

School Working Paper - Economics Series ; SWP 2015/1

Pagination

1 - 36

Publisher

Deakin University, School of Accounting, Economics and Finance

Place of publication

Geelong, Vic.

Language

eng

Publication classification

CN.1 Other journal article

Copyright notice

2015, The Authors

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