Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/81024
Authors: 
Arndt, Channing
Jones, Sam
Tarp, Finn
Year of Publication: 
2013
Series/Report no.: 
WIDER Working Paper 2013/072
Abstract: 
This paper confirms recent evidence of a positive impact of aid on growth and widens the scope of evaluation to a range of outcomes including proximate sources of growth (e.g., physical and human capital), indicators of social welfare (e.g., poverty and infant mortality), and measures of economic transformation (e.g., share of agriculture and industry in value added). Focusing on long-run cumulative effects of aid in developing countries, and taking due account of potential endogeneity, a coherent and favorable pattern of results emerges. Aid has over the past forty years stimulated growth, promoted structural change, improved social indicators and reduced poverty.
Subjects: 
growth
foreign aid
aid effectiveness
simultaneous equations
JEL: 
C23
O1
O2
O4
ISBN: 
978-92-9230-649-6
Document Type: 
Working Paper

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