Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/48338 
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dc.contributor.authorNowak-Lehmann D., Felicitasen
dc.contributor.authorMartínez-Zarzoso, Inmaculadaen
dc.contributor.authorCardozo, Adrianaen
dc.contributor.authorHerzer, Dierken
dc.contributor.authorKlasen, Stephanen
dc.date.accessioned2011-07-15T14:21:35Z-
dc.date.available2011-07-15T14:21:35Z-
dc.date.issued2011-
dc.identifier.urihttp://hdl.handle.net/10419/48338-
dc.description.abstractThis paper uses the gravity model of trade to investigate the link between foreign aid and exports in recipient countries. Most of the theoretical work emphasizes the negative impact of aid on recipient countries' exports primarily due to exchange rate appreciation, disregarding possible positive effects of aid in overcoming supply bottlenecks and promoting bilateral trade relations. Our empirical findings -all based on endogeneity-proof techniques (such as Dynamic OLS or more refined techniques) - depend very strongly on whether bilateral trade relations and autocorrelation of the disturbances are controlled for. When not controlling for these phenomena, the impact of aid is quite substantial (especially in Asia, Latin America & Caribbean) but when sound estimation techniques are applied the net impact of aid on recipient countries' exports becomes insignificant in the full 130-country sample and the subsamples: Sub-Saharan Africa & MENA, Asia and Latin America & the Caribbean. However, this rather disappointing finding is in line with the small macroeconomic impact of aid found in earlier studies.en
dc.language.isoengen
dc.publisher|aZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft |cKiel und Hamburgen
dc.relation.ispartofseries|aProceedings of the German Development Economics Conference, Berlin 2011 |x61en
dc.subject.jelF10en
dc.subject.jelF35en
dc.subject.ddc330en
dc.subject.keywordInternational tradeen
dc.subject.keywordforeign aiden
dc.subject.keywordrecipient exportsen
dc.subject.keywordbilateral trade relationsen
dc.titleDoes Aid translate into Bilateral Trade? Findings for Recipient Countries-
dc.typeConference Paperen
dc.identifier.ppn665347952en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:gdec11:61en

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