Aid effectiveness on accumulation: a meta study

Doucouliagos, Chris and Paldam, Martin 2006, Aid effectiveness on accumulation: a meta study, Kyklos, vol. 59, no. 2, pp. 227-254, doi: 10.1111/j.1467-6435.2006.00326.x.

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Title Aid effectiveness on accumulation: a meta study
Author(s) Doucouliagos, ChrisORCID iD for Doucouliagos, Chris
Paldam, Martin
Journal name Kyklos
Volume number 59
Issue number 2
Start page 227
End page 254
Publisher Wiley-Blackwell
Place of publication London, UK
Publication date 2006
ISSN 0023-5962
Summary The 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.
Language eng
DOI 10.1111/j.1467-6435.2006.00326.x
Field of Research 140299 Applied Economics not elsewhere classified
Socio Economic Objective 970114 Expanding Knowledge in Economics
HERDC Research category C1 Refereed article in a scholarly journal
Copyright notice ©2006 Blackwell Publishing
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Document type: Journal Article
Collections: Faculty of Business and Law
School of Accounting, Economics and Finance
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