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

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Author Info
William Easterly ()
Ross Levine
David Roodman

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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.

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File URL: http://www.cgdev.org/content/publications/detail/2764
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Publisher Info
Paper provided by Center for Global Development in its series Working Papers with number 26.

Download reference. The following formats are available: HTML, plain text, BibTeX, RIS (EndNote), ReDIF
Length: 22 pages
Date of creation: Jun 2003
Date of revision:
Handle: RePEc:cgd:wpaper:26

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Web page: http://www.cgdev.org

For technical questions regarding this item, or to correct its listing, contact: (David Roodman).

Related research
Keywords: economic policy economic growth

Other versions of this item:

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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  1. Jonathan Beynon, 2003. "Poverty Efficient Aid Allocations - Collier/Dollar Revisited," Working Papers 2, Economics and Statistics Analysis Unit (ESAU), Overseas Development Institute. [Downloadable!]
  2. François Bourguignon & Mark Sundberg, 2007. "Aid Effectiveness – Opening the Black Box," American Economic Review, American Economic Association, vol. 97(2), pages 316-321, May. [Downloadable!]
  3. Addison, Tony & Mavrotas, George & McGillivray, Mark, 2005. "Aid, Debt Relief and New Sources of Finance for Meeting the Millennium Development Goals," Working Papers RP2005/09, World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
  4. Riccardo Faini, 2006. "Remittances and the brain drain," Development Working Papers 214, Centro Studi Luca d\'Agliano, University of Milano. [Downloadable!]
    Other versions:
  5. Matías Vernengo, 2007. "Monetary Policies for an MDG-Related Scaling up of ODA to Combat HIV/AIDS:Avoiding Dutch Disease Versus Supporting Fiscal Expansion," Conference Paper 2, International Policy Centre for Inclusive Growth. [Downloadable!]
  6. Ralf Hepp, 2005. "Health Expenditures Under the HIPC Debt Initiative," International Finance 0510005, EconWPA. [Downloadable!]
  7. Matteo Bobba & Andrew Powell, 2007. "Aid and Growth: Politics Matters," RES Working Papers 4511, Inter-American Development Bank, Research Department. [Downloadable!]
  8. Jeff Dayton-Johnson & John Hoddinott, 2003. "Aid, policies and growth, redux," Department of Economics at Dalhousie University working papers archive redux2, Dalhousie, Department of Economics. [Downloadable!]
  9. Addison, Tony & Mavrotas, George & McGillivray, Mark, 2005. "Development Assistance and Development Finance: Evidence and Global Policy Agendas," Working Papers RP2005/23, World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
  10. Wane, Waly, 2004. "The quality of foreign aid : country selectivity or donors incentives?," Policy Research Working Paper Series 3325, The World Bank. [Downloadable!]
  11. Sanna Nurmikko, 2008. "Survival of Political Leadership," Economics Discussion Papers 652, University of Essex, Department of Economics. [Downloadable!]
  12. Ratha, Dilip & Mohapatra, Sanket & Plaza, Sonia, 2008. "Beyond aid : new sources and innovative mechanisms for financing development in Sub-Saharan Africa," Policy Research Working Paper Series 4609, The World Bank. [Downloadable!]
  13. Michael Clemens & Charles Kenny & Todd Moss, 2004. "The Trouble with the MDGs: Confronting Expectations of Aid and Development Success," Development and Comp Systems 0405011, EconWPA. [Downloadable!]
    Other versions:
  14. Matteo Bobba & Andrew Powell, 2007. "Ayuda y crecimiento: La política importa," RES Working Papers 4512, Inter-American Development Bank, Research Department. [Downloadable!]
  15. Yuan K. Chou & Hayat Khan, 2004. "Explaining Africa's Growth Tragedy: A Theoretical Model of Dictatorship and Kleptocracy," Department of Economics - Working Papers Series 922, The University of Melbourne. [Downloadable!]
  16. Jane S. Shaw, 2004. "Overlooking the Obvious in Africa," Econ Journal Watch, Atlas Economic Research Foundation, vol. 1(1), pages 1-10, April. [Downloadable!]
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