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Aid Effectiveness on Accumulation: A Meta Study

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Author Info
Hristos Doucouliagos
Martin Paldam

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Abstract

The AEL (aid effectiveness literature) studies the macroeconomic effects of development aid using cross-country or panel data econometrics. It contains 97 papers of which 43 study whether development aid leads to increasing accumulation. The aggregate results of the 43 studies are that aid increases investment with about 25% of the aid, while most of the remaining 75% of the effect is crowded out by a fall in savings. However, these aggregate results are so variable that it is dubious if accumulation rises. Copyright 2006 Blackwell Publishing Ltd..

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File URL: http://www.blackwell-synergy.com/links/doi/10.1111/j.1467-6435.2006.00326.x
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Publisher Info
Article provided by Blackwell Publishing in its journal Kyklos.

Volume (Year): 59 (2006)
Issue (Month): 2 (05)
Pages: 227-254
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Handle: RePEc:bla:kyklos:v:59:y:2006:i:2:p:227-254

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  1. Ziesemer, Thomas, 2008. "Worker remittances and government behaviour in the receiving countries," UNU-MERIT Working Paper Series 029, United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology. [Downloadable!]
  2. Ziesemer, Thomas, 2008. "Growth with Endogenous Migration Hump and the Multiple, Dynamically Interacting Effects of Aid in Poor Developing Countries," UNU-MERIT Working Paper Series 057, United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology. [Downloadable!]
  3. Ziesemer, Thomas, 2008. "Worker remittances, migration, accumulation and growth in poor developing countries," UNU-MERIT Working Paper Series 063, United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology. [Downloadable!]
  4. Su Wu, 2006. "The Wallis Report and Implications of Bank Mergers for Efficiencies," Economics Series 2006_12, Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance. [Downloadable!]
  5. T.D. Stanley & Chris Doucouliagous & Stephen B. Jarrell, 2006. "Meta-Regression Analysis as the Socio-Economics of Economic Research," Economics Series 2006_21, Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance. [Downloadable!]
    Other versions:
  6. Ziesemer, Thomas, 2006. "Worker Remittances and Growth: The Physical and Human Capital Channels," UNU-MERIT Working Paper Series 020, United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology. [Downloadable!]
  7. Kenny, Charles, 2006. "What is effective aid? How would donors allocate It?," Policy Research Working Paper Series 4005, The World Bank. [Downloadable!]
    Other versions:
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