|
EconStor >
Verein für Socialpolitik >
Jahrestagung des Vereins für Socialpolitik 2010 (Kiel): Ökonomie der Familie >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/37470
|
| | |
Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Herzer, Dierk | | en_US |
| dc.contributor.author | | Morrissey, Oliver | | en_US |
| dc.date.accessioned | | 2010-08-11T09:10:27Z | | - |
| dc.date.available | | 2010-08-11T09:10:27Z | | - |
| dc.date.issued | | 2010 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/37470 | | - |
| dc.description.abstract | | This paper makes two main contributions. First, we examine the long-run effect of foreign aid on domestic output for 59 developing countries using heterogeneous panel cointegration techniques to control for omitted variable and endogeneity bias and to detect possible cross-country differences in the output effect of aid. The main result is that aid has, on average, a negative long-run effect on output, but there are large differences across countries (in about a third of cases the effect is positive). Second, we use a general-to-specific variable selection approach to systematically search for country-specific factors explaining the cross-country differences in the estimated long-run effect of aid. In contrast to previous studies, we find that aid effectiveness does not depend primarily on factors such as the quality of economic policy, the share of a country's area that is in the tropics, the level of democracy or political stability. The results suggest that the cross-country heterogeneity in the output effect of aid can be explained mainly by cross-country differences in law and order, religious tensions and government size. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Verein für Socialpolitik Frankfurt a. M. | | en_US |
| dc.relation.ispartofseries | | Beiträge zur Jahrestagung des Vereins für Socialpolitik 2010: Ökonomie der Familie - Session: Effectiveness of Foreign Aid B19-V2 | | en_US |
| dc.subject.jel | | F35 | | en_US |
| dc.subject.jel | | O11 | | en_US |
| dc.subject.jel | | C23 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Foreign aid | | en_US |
| dc.subject.keyword | | Domestic output | | en_US |
| dc.subject.keyword | | Heterogeneous panel cointegration techniques | | en_US |
| dc.subject.keyword | | General-to-specific approach | | en_US |
| dc.title | | The Long-Run Effect of Foreign Aid on Domestic Output | | en_US |
| dc.type | | Conference Paper | | en_US |
| dc.identifier.ppn | | 654837627 | | - |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | Jahrestagung des Vereins für Socialpolitik 2010 (Kiel): Ökonomie der Familie
|
| Files in This Item:
| |
|
| No. of Downloads:
| |
| last Month |
last 3 Month |
total |
|
|
|
|
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|