New Data, New Doubts: Revisiting "Aid, Policies, and Growth"
AbstractThe 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.
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Bibliographic InfoPaper provided by Center for Global Development in its series Working Papers with number 26.
Length: 22 pages
Date of creation: Jun 2003
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Web page: http://www.cgdev.org
economic policy; economic growth;
Find related papers by JEL classification:
- F35 - International Economics - - International Finance - - - Foreign Aid
- O23 - Economic Development, Technological Change, and Growth - - Development Planning and Policy - - - Fiscal and Monetary Policy in Development
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
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