LEADER 04338oam 22009134 450 001 9910788333903321 005 20230721045716.0 010 $a1-4623-8301-7 010 $a1-4527-7327-0 010 $a9786612843334 010 $a1-4518-7265-8 010 $a1-282-84333-8 035 $a(CKB)3170000000055276 035 $a(EBL)1608309 035 $a(SSID)ssj0000940119 035 $a(PQKBManifestationID)11512683 035 $a(PQKBTitleCode)TC0000940119 035 $a(PQKBWorkID)10948462 035 $a(PQKB)10843469 035 $a(OCoLC)645227321 035 $a(MiAaPQ)EBC1608309 035 $a(IMF)WPIEE2009118 035 $a(EXLCZ)993170000000055276 100 $a20020129d2009 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aDevelopment Aid and Economic Growth : $eA Positive Long-Run Relation /$fSanjay Reddy, Camelia Minoiu 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2009. 215 $a1 online resource (35 p.) 225 1 $aIMF Working Papers 300 $a"May 2009." 311 $a1-4519-1695-7 327 $aContents; 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 aid 327 $a3. 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 growth 330 3 $aWe analyze the growth impact of official development assistance to developing countries. Our approach is different from that of previous studies in two major ways. First, we disentangle the effects of two kinds of aid: developmental and non-developmental. Second, our specifications allow for the effect of aid on economic growth to occur over long periods. Our results indicate that developmental aid promotes long-run growth. The effect is significant, large and robust to different specifications and estimation techniques. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2009/118 606 $aEconomic assistance$zDeveloping countries 606 $aEconomic development$zDeveloping countries 606 $aExports and Imports$2imf 606 $aMacroeconomics$2imf 606 $aForeign Aid$2imf 606 $aPersonal Income, Wealth, and Their Distributions$2imf 606 $aInternational economics$2imf 606 $aForeign aid$2imf 606 $aBilateral aid$2imf 606 $aAid flows$2imf 606 $aPersonal income$2imf 606 $aDevelopment assistance$2imf 606 $aInternational relief$2imf 606 $aEconomic assistance$2imf 606 $aIncome$2imf 607 $aCongo, Democratic Republic of the$2imf 615 0$aEconomic assistance 615 0$aEconomic development 615 7$aExports and Imports 615 7$aMacroeconomics 615 7$aForeign Aid 615 7$aPersonal Income, Wealth, and Their Distributions 615 7$aInternational economics 615 7$aForeign aid 615 7$aBilateral aid 615 7$aAid flows 615 7$aPersonal income 615 7$aDevelopment assistance 615 7$aInternational relief 615 7$aEconomic assistance 615 7$aIncome 700 $aReddy$b Sanjay$0602369 701 $aMinoiu$b Camelia$0874355 712 02$aInternational Monetary Fund. 712 02$aIMF Institute. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910788333903321 996 $aDevelopment Aid and Economic Growth$93685544 997 $aUNINA