Aid Proliferation and Economic Growth: A Cross-Country Analysis
Yuko Mori and
Yasuyuki Sawada ()
World Development, 2012, vol. 40, issue 1, 1-10
We examine whether aid proliferation hinders economic growth by applying the standard aid-growth regression to Roodman’s (2007) dataset, with proper correction for possible biases arising from omitted variable and endogeneity problems. Specifically, we include a donor-concentration index to capture a low degree of donor proliferation and its interaction terms with aid variables as additional independent variables. Our empirical results show that the effect of aid concentration on economic growth is positive and favors the hypothesis that aid proliferation has a negative effect on the economic growth of recipient countries, especially in Africa.
Keywords: aid; aid proliferation; economic growth (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (40) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
Working Paper: Aid Proliferation and Economic Growth: A Cross-Country Analysis (2007)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:wdevel:v:40:y:2012:i:1:p:1-10
Access Statistics for this article
World Development is currently edited by O. T. Coomes
More articles in World Development from Elsevier
Bibliographic data for series maintained by Haili He ().