Working Papers in full text
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
All
Other research-related activities and publications of the IMF can be found at IMF Research
|
Free Email Notification
Receive emails when we post new
items of interest to you.
Subscribe or
Modify your profile
|
|
|
|
Development Aid and Economic Growth: A Positive Long-Run Relation
|
Author/Editor: |
Minoiu, Camelia | Reddy, Sanjay |
| Authorized for Distribution: |
May 1, 2009 |
|
Electronic Access: |
Free Full Text (PDF file size is 770KB)
Use the free Adobe Acrobat Reader to view this PDF file.
|
|
|
|
Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate.
|
|
Summary: We analyze the growth impact of official development assistance to developing countries.
Our approach is different from that of previous studies in two major ways. First, we
disentangle the effects of two kinds of aid: developmental and non-developmental. Second,
our specifications allow for the effect of aid on economic growth to occur over long periods.
Our results indicate that developmental aid promotes long-run growth. The effect is
significant, large and robust to different specifications and estimation techniques.
|
|
|
|
Series: |
Working Paper No. 09/118 |
|
Subject(s): |
Cross country analysis | Developing countries | Development assistance | Economic growth | Economic models | Resource mobilization |
|
Author's keyword(s): |
foreign aid | bilateral aid | aid effectiveness | aid allocation | economic growth |
|
|
|
|
| |
Published: |
|
May 1, 2009 |
|
|
|
|
| |
|
|
|
|
Format: |
|
Paper |
| |
Stock No: |
|
WPIEA2009118 |
|
Pages: |
|
32 |
| |
Price: |
|
US$18.00 (Academic Rate: US$18.00 )
|
|
|
|
|
|
|
