Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/126453 
Autor:innen: 
Erscheinungsjahr: 
2015
Schriftenreihe/Nr.: 
CREDIT Research Paper No. 15/06
Verlag: 
The University of Nottingham, Centre for Research in Economic Development and International Trade (CREDIT), Nottingham
Zusammenfassung: 
The link between foreign aid and economic growth remains a controversial issue in the literature, and a large share of the disagreement could be explained by differences in the data employed. Using GDP data from three different versions of the Penn World Table and the World Development Indicators, I investigate the robustness of Juselius, Møller and Tarp (2014)'s (JMT) conclusions about long-run aid effectiveness. The analysis is carried out in two stages. First, I apply the same models as developed by JMT to the new datasets. Second, I re-specify the Cointegrated VAR models using the same criteria as JMT, but limit the analysis to the four most and least consistent countries respectively. The first exercise shows that results change in a significant manner in approximately 10 of the 36 countries examined. The second exercise shows that the if the models are re-specified for each country and dataset individually as a function of the data, this leads to more qualitative changes in the conclusions.
Schlagwörter: 
Time-Series Models
Foreign Aid
Economic Growth
JEL: 
C32
F35
O11
O47
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
835.47 kB





Publikationen in EconStor sind urheberrechtlich geschützt.