What We Miss By Missing Data: Aid Effectiveness Revisited
Anja Breitwieser and
Katharina Wick
World Development, 2016, vol. 78, issue C, 554-571
Abstract:
Missing data is an issue in many empirical applications, as it may entail efficiency losses as well as biased results. We address these problems within the literature that investigates the effect of foreign aid on welfare. Using multiple imputation techniques to account for the missing data, we find lower aid effectiveness. In addition, imputation allows for comparison of different welfare indicators within the same framework. We find that the respective indicator choice can matter for the ensuing results.
Keywords: aid effectiveness; welfare indicators; sample selection; missing data; multiple imputation techniques; developing countries (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (7)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:wdevel:v:78:y:2016:i:c:p:554-571
DOI: 10.1016/j.worlddev.2015.10.006
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