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New Data, New Doubts: Revisiting "Aid, Policies, and Growth"

Author

Listed:
  • William Easterly
  • Ross Levine
  • David Roodman

Abstract

The Burnside and Dollar (2000) finding that aid raises growth in a good policy environment has had an important influence on policy and academic debates. We conduct a data gathering exercise that updates their data from 1970–93 to 1970–97, as well as filling in missing data for the original period 1970–93. We find that the BD finding is not robust to the use of this additional data.

Suggested Citation

  • William Easterly & Ross Levine & David Roodman, 2003. "New Data, New Doubts: Revisiting "Aid, Policies, and Growth"," Working Papers 26, Center for Global Development.
    • Handle: RePEc:cgd:wpaper:26
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    File URL: http://www.cgdev.org/content/publications/detail/2764
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    More about this item

    Keywords

    economic policy; economic growth;

    JEL classification:

    • F35 - International Economics - - International Finance - - - Foreign Aid
    • O23 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Fiscal and Monetary Policy in Development
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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