03438nam 2200637Ia 450 991082897360332120200520144314.01-4623-8301-71-4527-7327-097866128433341-4518-7265-81-282-84333-8(CKB)3170000000055276(EBL)1608309(SSID)ssj0000940119(PQKBManifestationID)11512683(PQKBTitleCode)TC0000940119(PQKBWorkID)10948462(PQKB)10843469(OCoLC)645227321(IMF)WPIEE2009118(MiAaPQ)EBC1608309(EXLCZ)99317000000005527620090914d2009 uf 0engur|n|---|||||txtccrDevelopment aid and economic growth a positive long-run relation /prepared by Camelia Minoiu and Sanjay G. Reddy1st ed.[Washington, D.C.] International Monetary Fund, IMF Institute20091 online resource (35 p.)IMF working paper ;WP/09/118"May 2009."1-4519-1695-7 Contents; I. Introduction; II. Literature Review; III. The Pitfalls of Misspecification; IV. Defining Developmental Aid; V. Empirical Evidence; A. Cross-Sectional Regressions; B. Panel Regressions; VI. Further Results; A. Income Threshold Effects; B. Aid and the Policy Environment; C. Caveats; VII. Conclusions; References; Appendix; Appendix Tables; 1. Variables and data sources; 2. Summary statisics of selected variables; Appendix Figures; 1. Bilateral and multilateral aid as shares of total aid; 2. Developmental aid as a share of bilateral aid3. Cross-sectional OLS regressions: Replicating previous results4. Cross-sectional OLS regressions: The effect of lagged total aid on growth; 5. Cross-sectional OLS regressions: The effect of developmental aid on growth; 3. Growth vs. lagged total bilateral aid; 4. Growth vs. lagged bilateral aid from G1 donors; 5. Growth vs. lagged bilateral aid from G2 donors; 6. Growth vs. lagged bilateral aid from G3 donors; 6. Panel (System GMM) regressions: The effect of developmental aid on growthWe analyze the growth impact of official development assistance to developing countries. Our approach is different from that of previous studies in two major ways. First, we disentangle the effects of two kinds of aid: developmental and non-developmental. Second, our specifications allow for the effect of aid on economic growth to occur over long periods. Our results indicate that developmental aid promotes long-run growth. The effect is significant, large and robust to different specifications and estimation techniques.IMF working paper ;WP/09/118.Economic assistanceDeveloping countriesEconomic developmentDeveloping countriesEconomic assistanceEconomic development332.1/52Minoiu Camelia1977-1761552Reddy Sanjay602369International Monetary Fund.IMF Institute.MiAaPQMiAaPQMiAaPQBOOK9910828973603321Development aid and economic growth4201073UNINA