The Impact of Foreign Aid on Economic Growth: Volatility of Disbursements and Distribution of Receipts
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Stéphane Pallage & Michel A. Robe, 2001.
"Foreign Aid and the Business Cycle,"
Review of International Economics, Wiley Blackwell, vol. 9(4), pages 641-672, November.
- Stephane Pallage & Michel Robe, 1998. "Foreign Aid and the Business Cycle," Cahiers de recherche CREFE / CREFE Working Papers 63, CREFE, Université du Québec à Montréal.
- Michel A. Robe & Stephane Pallage, 2000. "Foreign Aid And The Business Cycle," Computing in Economics and Finance 2000 107, Society for Computational Economics.
- Stephen M. Miller & Frank S. Russek, 1997. "Fiscal Structures and Economic Growth at the State and Local Level," Public Finance Review, , vol. 25(2), pages 213-237, March.
- Erik Canton, 2002. "Business cycles in a two-sector model of endogenous growth," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 19(3), pages 477-492.
- Robert Lensink & Oliver Morrissey, 2000.
"Aid instability as a measure of uncertainty and the positive impact of aid on growth,"
Journal of Development Studies, Taylor & Francis Journals, vol. 36(3), pages 31-49.
- Lensink, Robert & Morrissey, Oliver, 1999. "Aid instability as a measure of uncertainty and the positive impact of aid on growth," CDS Research Reports 199906, University of Groningen, Centre for Development Studies (CDS).
- Alberto Alesina & Beatrice Weder, 2002.
"Do Corrupt Governments Receive Less Foreign Aid?,"
American Economic Review, American Economic Association, vol. 92(4), pages 1126-1137, September.
- Alberto Alesina & Beatrice Weder, 1999. "Do Corrupt Governments Receive Less Foreign Aid?," NBER Working Papers 7108, National Bureau of Economic Research, Inc.
- Alesina, Alberto & Weder, Beatrice, 2002. "Do Corrupt Governments Receive Less Foreign Aid?," Scholarly Articles 4553011, Harvard University Department of Economics.
- P. Guillaumont & L. Chauvet, 2001.
"Aid and Performance: A Reassessment,"
Journal of Development Studies, Taylor & Francis Journals, vol. 37(6), pages 66-92.
- Patrick GUILLAUMONT & Lisa CHAUVET, 1999. "Aid and Performance: A Reassessment," Working Papers 199910, CERDI.
- C-J. Dalgaard & H. Hansen, 2001. "On Aid, Growth and Good Policies," Journal of Development Studies, Taylor & Francis Journals, vol. 37(6), pages 17-41.
- David Dollar & Craig Burnside, 2000.
"Aid, Policies, and Growth,"
American Economic Review, American Economic Association, vol. 90(4), pages 847-868, September.
- Burnside, Craig & Dollar, David, 1997. "Aid, policies, and growth," Policy Research Working Paper Series 1777, The World Bank.
- Henrik Hansen & Finn Tarp, 2000.
"Aid effectiveness disputed,"
Journal of International Development, John Wiley & Sons, Ltd., vol. 12(3), pages 375-398, April.
- Hansen, Henrik & Tarp, Finn, 1999. "Aid Effectiveness Disputed," MPRA Paper 62290, University Library of Munich, Germany.
- Carl-Johan Dalgaard & Henrik Hansen & Finn Tarp, 2004.
"On The Empirics of Foreign Aid and Growth,"
Economic Journal, Royal Economic Society, vol. 114(496), pages 191-216, June.
- Carl-Johan Dalgaard & Henrik Hansen & Finn Tarp, 2001. "On the Empirics of Foreign Aid and Growth," EPRU Working Paper Series 03-13, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics, revised Sep 2003.
- Dalgaard, Carl-Johan & Hansen, Henrik & Tarp, Finn, 2002. "On the Empirics of Foreign Aid and Growth," MPRA Paper 63696, University Library of Munich, Germany.
- Michael A. Clemens & Steven Radelet & Rikhil Bhavnani, 2004.
"Counting chickens when they hatch: The short-term effect of aid on growth,"
International Finance
0407010, University Library of Munich, Germany.
- Michael Clemens & Steven Radelet & Rikhil Bhavnani, 2004. "Counting Chickens When They Hatch: The Short-term Effect of Aid on Growth," Working Papers 44, Center for Global Development.
- Aghion, Philippe & Banerjee, Abhijit, 2005. "Volatility and Growth," OUP Catalogue, Oxford University Press, number 9780199248612.
- Hansen, Henrik & Tarp, Finn, 2001.
"Aid and growth regressions,"
Journal of Development Economics, Elsevier, vol. 64(2), pages 547-570, April.
- Hansen, Henrik & Tarp, Finn, 2000. "Aid and Growth Regressions," MPRA Paper 62288, University Library of Munich, Germany.
- Martin, Philippe & Ann Rogers, Carol, 2000.
"Long-term growth and short-term economic instability,"
European Economic Review, Elsevier, vol. 44(2), pages 359-381, February.
- Martin, Philippe & Rogers, Carol Ann, 1995. "Long-Term Growth and Short-Term Economic Instability," CEPR Discussion Papers 1281, C.E.P.R. Discussion Papers.
- Philippe Martin & Carol Ann Rogers, 2000. "Long-term Growth and Short-term Economic Instability," Post-Print hal-03609279, HAL.
- Assaf Razin, 1972. "Optimum Investment in Human Capital," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 39(4), pages 455-460.
- Blackburn, Keith & Galindev, Ragchaasuren, 2003.
"Growth, volatility and learning,"
Economics Letters, Elsevier, vol. 79(3), pages 417-421, June.
- K Blackburn & R Galindev, 2003. "Growth, volatility and learning," Centre for Growth and Business Cycle Research Discussion Paper Series 25, Economics, The University of Manchester.
- K Blackburn & R Galindev, 2003. "Growth, Volatility and Learning," Economics Discussion Paper Series 0303, Economics, The University of Manchester.
- Asiedu, Elizabeth & Villamil, Anne P., 2002. "Imperfect Enforcement, Foreign Investment, And Foreign Aid," Macroeconomic Dynamics, Cambridge University Press, vol. 6(4), pages 476-495, September.
- Devarajan, Shantayanan & Swaroop, Vinaya & Heng-fu, Zou, 1996.
"The composition of public expenditure and economic growth,"
Journal of Monetary Economics, Elsevier, vol. 37(2-3), pages 313-344, April.
- Shantayanan Devarajan & Vinaya Swaroop & Heng-fu Zou, 1996. "The composition of public expenditure and economic growth," CEMA Working Papers 77, China Economics and Management Academy, Central University of Finance and Economics.
- Ale Bulir & A. Javier Hamann, 2003. "Aid Volatility: An Empirical Assessment," IMF Staff Papers, Palgrave Macmillan, vol. 50(1), pages 1-4.
- Boone, Peter, 1996. "Politics and the effectiveness of foreign aid," European Economic Review, Elsevier, vol. 40(2), pages 289-329, February.
- Collier, Paul & Dollar, David, 2002.
"Aid allocation and poverty reduction,"
European Economic Review, Elsevier, vol. 46(8), pages 1475-1500, September.
- Collier, Paul & Dollar, David, 1999. "Aid allocation and poverty reduction," Policy Research Working Paper Series 2041, The World Bank.
- Collier, Paul & Hoeffler, Anke, 2004.
"Aid, policy and growth in post-conflict societies,"
European Economic Review, Elsevier, vol. 48(5), pages 1125-1145, October.
- Collier, Paul & Hoeffler, Anke, 2002. "Aid, policy, and growth in post-conflict societies," Policy Research Working Paper Series 2902, The World Bank.
- Chatterjee, Santanu & Sakoulis, Georgios & Turnovsky, Stephen J., 2003.
"Unilateral capital transfers, public investment, and economic growth,"
European Economic Review, Elsevier, vol. 47(6), pages 1077-1103, December.
- Santanu Chatterjee & Georgios Sakoulis & Stephen Turnovsky, 2000. "Unilateral Capital Transfers, Public Investment, and Economic Growth," Discussion Papers in Economics at the University of Washington 0008, Department of Economics at the University of Washington.
- Santanu Chatterjee & Georgios Sakoulis & Stephen Turnovsky, 2000. "Unilateral Capital Transfers, Public Investment, and Economic Growth," Working Papers 0008, University of Washington, Department of Economics.
- Santanu Chatterjee & Georgios Sakoulis & Stephen Turnovsky, 2000. "Unilateral Capital Transfers, Public Investment, and Economic Growth," Econometric Society World Congress 2000 Contributed Papers 1936, Econometric Society.
- Glomm, Gerhard & Ravikumar, B, 1992. "Public versus Private Investment in Human Capital Endogenous Growth and Income Inequality," Journal of Political Economy, University of Chicago Press, vol. 100(4), pages 818-834, August.
- William Easterly, 2003. "Can Foreign Aid Buy Growth?," Journal of Economic Perspectives, American Economic Association, vol. 17(3), pages 23-48, Summer.
- repec:bla:manchs:v:69:y:2001:i:5:p:534-52 is not listed on IDEAS
- Michael Bleaney & Norman Gemmell & Richard Kneller, 2001.
"Testing the endogenous growth model: public expenditure, taxation, and growth over the long run,"
Canadian Journal of Economics, Canadian Economics Association, vol. 34(1), pages 36-57, February.
- Michael Bleaney & Norman Gemmell & Richard Kneller, 2001. "Testing the endogenous growth model: public expenditure, taxation, and growth over the long run," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 34(1), pages 36-57, February.
- Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
- Hansen, Gary D., 1985.
"Indivisible labor and the business cycle,"
Journal of Monetary Economics, Elsevier, vol. 16(3), pages 309-327, November.
- Gary Hansen, 2010. "Indivisible Labor and the Business Cycle," Levine's Working Paper Archive 233, David K. Levine.
- Ramey, Garey & Ramey, Valerie A, 1995.
"Cross-Country Evidence on the Link between Volatility and Growth,"
American Economic Review, American Economic Association, vol. 85(5), pages 1138-1151, December.
- Garey Ramey & Valerie A. Ramey, 1994. "Cross-Country Evidence on the Link Between Volatility and Growth," NBER Working Papers 4959, National Bureau of Economic Research, Inc.
- Jakob Svensson, 2000.
"Foreign aid and rent-seeking,"
Springer Books, in: Roger D. Congleton & Kai A. Konrad & Arye L. Hillman (ed.), 40 Years of Research on Rent Seeking 2, pages 165-189,
Springer.
- Svensson, Jakob, 2000. "Foreign aid and rent-seeking," Journal of International Economics, Elsevier, vol. 51(2), pages 437-461, August.
- Svensson, Jakob, 1998. "Foreign aid and rent-seeking," Policy Research Working Paper Series 1880, The World Bank.
- J. Svensson, 1999. "Aid, Growth and Democracy," Economics and Politics, Wiley Blackwell, vol. 11(3), pages 275-297, November.
- Blackburn, Keith & Pelloni, Alessandra, 2004. "On the relationship between growth and volatility," Economics Letters, Elsevier, vol. 83(1), pages 123-127, April.
- Beck, Thorsten & Lundberg, Mattias & Majnoni, Giovanni, 2006.
"Financial intermediary development and growth volatility: Do intermediaries dampen or magnify shocks?,"
Journal of International Money and Finance, Elsevier, vol. 25(7), pages 1146-1167, November.
- Beck,Thorsten & Lundberg, Mattias & Majnoni, Giovann, 2001. "Financial intermediary development and growth volatility : do intermediaries dampen or magnify shocks?," Policy Research Working Paper Series 2707, The World Bank.
- Miller, Stephen M & Russek, Frank S, 1997.
"Fiscal Structures and Economic Growth: International Evidence,"
Economic Inquiry, Western Economic Association International, vol. 35(3), pages 603-613, July.
- Stpehen M. Miller & Frank S. Russek, 1993. "Fiscal Structures and Economic Growth: International Evidence," Macroeconomics 9309001, University Library of Munich, Germany, revised 23 Sep 1993.
- Kneller, Richard & Bleaney, Michael F. & Gemmell, Norman, 1999. "Fiscal policy and growth: evidence from OECD countries," Journal of Public Economics, Elsevier, vol. 74(2), pages 171-190, November.
- Palivos, Theodore, 2001. "Social norms, fertility and economic development," Journal of Economic Dynamics and Control, Elsevier, vol. 25(12), pages 1919-1934, December.
- Santanu Chatterjee & Stephen J. Turnovsky, 2005. "Financing Public Investment through Foreign Aid: Consequences for Economic Growth and Welfare," Review of International Economics, Wiley Blackwell, vol. 13(1), pages 20-44, February.
- Philippe Aghion & George-Marios Angeletos & Abhijit Banerjee & Kalina Manova, 2005. "Volatility and Growth: Credit Constraints and Productivity-Enhancing Investment," NBER Working Papers 11349, National Bureau of Economic Research, Inc.
- de Hek, Paul A, 1999. "On Endogenous Growth under Uncertainty," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 40(3), pages 727-744, August.
- repec:bla:econom:v:71:y:2004:i::p:57-81 is not listed on IDEAS
- Collier, Paul & Dehn, Jan, 2001. "Aid, shocks, and growth," Policy Research Working Paper Series 2688, The World Bank.
- repec:bla:reviec:v:9:y:2001:i:4:p:641-72 is not listed on IDEAS
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Mahmoud M. Sabra & Shaker Sartawi, 2015. "Development Impacts of Foreign Aid on Economic Growth, Domestic Savings and Dutch Disease Presence in Palestine," International Journal of Economics and Empirical Research (IJEER), The Economics and Social Development Organization (TESDO), vol. 3(11), pages 532-542, November.
- Susanna Wolf, 2007. "Does Aid Improve Public Service Delivery?," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 143(4), pages 650-672, December.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Kyriakos C. Neanidis & Dimitrios Varvarigos, 2005. "The Impact of Foreign Aid on Economic Growth: Volatility of Disbursements and Distribution of Receipts," Economics Discussion Paper Series 0533, Economics, The University of Manchester.
- Temple, Jonathan R.W., 2010. "Aid and Conditionality," Handbook of Development Economics, in: Dani Rodrik & Mark Rosenzweig (ed.), Handbook of Development Economics, edition 1, volume 5, chapter 0, pages 4415-4523, Elsevier.
- Kyriakos C. Neanidis & Dimitrios Varvarigos, 2007. "The Allocation of volatile aid and economic growth: Evidence and a suggestive theory," Discussion Paper Series 2007_07, Department of Economics, Loughborough University, revised Mar 2007.
- Mark McGillivray, 2006.
"Aid Allocation and Fragile States,"
WIDER Working Paper Series
DP2006-01, World Institute for Development Economic Research (UNU-WIDER).
- Mark McGillivray, 2010. "Aid Allocation and Fragile States," Working Papers id:3062, eSocialSciences.
- Scholl, Almuth, 2005. "Aid effectiveness and limited enforceable conditionality," SFB 649 Discussion Papers 2005-054, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
- Tony Addison & George Mavrotas & Mark McGillivray, 2005.
"Development assistance and development finance: evidence and global policy agendas,"
Journal of International Development, John Wiley & Sons, Ltd., vol. 17(6), pages 819-836.
- Tony Addison & George Mavrotas & Mark McGillivray, 2005. "Development Assistance and Development Finance: Evidence and Global Policy Agendas," WIDER Working Paper Series RP2005-23, World Institute for Development Economic Research (UNU-WIDER).
- Almuth Scholl, 2009.
"Aid Effectiveness and Limited Enforceable Conditionality,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 12(2), pages 377-391, April.
- Scholl, Almuth, 2005. "Aid effectiveness and limited enforceable conditionality," SFB 649 Discussion Papers 2005-054, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
- Almuth Scholl, 2006. "Aid Effectiveness and Limited Enforceable Conditionality," 2006 Meeting Papers 292, Society for Economic Dynamics.
- Almuth Scholl, 2005. "Aid Effectiveness and Limited Enforceable Conditionality," SFB 649 Discussion Papers SFB649DP2005-054, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany, revised Aug 2005.
- Angeles, Luis & Neanidis, Kyriakos C., 2009.
"Aid effectiveness: the role of the local elite,"
Journal of Development Economics, Elsevier, vol. 90(1), pages 120-134, September.
- Luis Angeles & Kyriakos C. Neanidis, 2006. "Aid Effectiveness: The Role of the Local Elite," Centre for Growth and Business Cycle Research Discussion Paper Series 80, Economics, The University of Manchester.
- Luis Angeles & Kyriakos C Neanidis, 2006. "Aid Effectiveness: The Role of the Local Elite," Working Papers 2007_01, Business School - Economics, University of Glasgow, revised Dec 2006.
- Luis Angeles & Kyriakos C. Neanidis, 2006. "Aid Effectiveness: The Role of the Local Elite," Economics Discussion Paper Series 0633, Economics, The University of Manchester.
- Mark McGillivray, 2003. "Efficacité de l'aide et sélectivité : vers un concept élargi," Revue d’économie du développement, De Boeck Université, vol. 11(4), pages 43-62.
- Neanidis, Kyriakos C. & Varvarigos, Dimitrios, 2009. "The allocation of volatile aid and economic growth: Theory and evidence," European Journal of Political Economy, Elsevier, vol. 25(4), pages 447-462, December.
- Dalgaard, Carl-Johan, 2008. "Donor policy rules and aid effectiveness," Journal of Economic Dynamics and Control, Elsevier, vol. 32(6), pages 1895-1920, June.
- Mark McGillivray & Simon Feeny & Niels Hermes & Robert Lensink, 2005. "It Works; It Doesn't; It Can, But that Depends...: 50 Years of Controversy Over the Macroeconomic Impact of Development Aid," WIDER Working Paper Series RP2005-54, World Institute for Development Economic Research (UNU-WIDER).
- Lessmann, Christian & Markwardt, Gunther, 2012.
"Aid, Growth and Devolution,"
World Development, Elsevier, vol. 40(9), pages 1723-1749.
- Christian Lessmann & Gunther Markwardt, 2009. "Aid, Growth and Devolution," CESifo Working Paper Series 2805, CESifo.
- Mark McGillivray, 2003. "Aid Effectiveness and Selectivity: Integrating Multiple Objectives into Aid Allocations," WIDER Working Paper Series DP2003-71, World Institute for Development Economic Research (UNU-WIDER).
- Ralf Hepp, 2005. "Health Expenditures Under the HIPC Debt Initiative," International Finance 0510005, University Library of Munich, Germany.
- Juliana Yael Milovich, 2017. "The long-term impact of U.S. aid on poverty alleviation: the role of a seat in the Security Council of the United Nations," EconomiX Working Papers 2017-47, University of Paris Nanterre, EconomiX.
- Mark McGillivray & Simon Feeny & Niels Hermes & Robert Lensink, 2006. "Controversies over the impact of development aid: it works; it doesn't; it can, but that depends …," Journal of International Development, John Wiley & Sons, Ltd., vol. 18(7), pages 1031-1050.
- K C Neanidis, 2005. "Aid, Budgetary Policies, and the Macroeconomy: Growth, Inflation, and Welfare," Centre for Growth and Business Cycle Research Discussion Paper Series 58, Economics, The University of Manchester.
- Stéphane Pallage & Michel A. Robe & Catherine Bérubé, 2006.
"The Potential of Foreign Aid as Insurance,"
IMF Staff Papers, Palgrave Macmillan, vol. 53(3), pages 1-5.
- Stéphane Pallage & Michel A. Robe & Catherine Bérubé, 2004. "On the Potential of Foreign Aid as Insurance," Cahiers de recherche 0404, CIRPEE.
- Tony Addison & George Mavrotas & Mark McGillivray, 2005.
"Aid, Debt Relief and New Sources of Finance for Meeting the Millennium Development Goals,"
WIDER Working Paper Series
RP2005-09, World Institute for Development Economic Research (UNU-WIDER).
- Tony Addison & George Mavrotas & Mark McGillivray, 2010. "Aid, Debt Relief and New Sources of Finance for Meeting the Millennium Development Goals," Working Papers id:2592, eSocialSciences.
More about this item
NEP fields
This paper has been announced in the following NEP Reports:- NEP-AFR-2005-11-12 (Africa)
- NEP-DEV-2005-11-12 (Development)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:man:cgbcrp:56. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marianne Sensier (email available below). General contact details of provider: https://edirc.repec.org/data/semanuk.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.