Aid, Policies and Growth: A Nonlinear Reassessment
The association between foreign aid and growth has been controversial for decades and the evidence is quitemixed with results sensitive to data samples and modelling approaches. We reassess the relationship betweenaid, policy and growth implementing a novel semiparametric estimation method that allo...
| Autores principales: | , |
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| Formato: | Artículo preliminar |
| Lenguaje: | Inglés |
| Publicado: |
International Food Policy Research Institute
2017
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/146319 |
| _version_ | 1855513704316010496 |
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| author | Geng, Xin Hernandez, Manuel A. |
| author_browse | Geng, Xin Hernandez, Manuel A. |
| author_facet | Geng, Xin Hernandez, Manuel A. |
| author_sort | Geng, Xin |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | The association between foreign aid and growth has been controversial for decades and the evidence is quitemixed with results sensitive to data samples and modelling approaches. We reassess the relationship betweenaid, policy and growth implementing a novel semiparametric estimation method that allows for nonlineari-ties and control for endogeneity. We use a panel of 61 developing countries for the period 1970–2005. Theresults show that the aid-policy-growth relationship is complex with varying correlation patterns across dif-ferent aid and policy levels. Aid does not seem growth-enhancing, except at very high levels (above 7% ofAid/GDP), whereas the effect may arrive with a lag at lower levels. Good policies are positively associatedwith growth and is more obvious in better policy environments. Aid effectiveness does not increase withbetter policies. |
| format | Artículo preliminar |
| id | CGSpace146319 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2017 |
| publishDateRange | 2017 |
| publishDateSort | 2017 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1463192025-11-06T05:04:26Z Aid, Policies and Growth: A Nonlinear Reassessment Geng, Xin Hernandez, Manuel A. policies parametric programming developing countries growth The association between foreign aid and growth has been controversial for decades and the evidence is quitemixed with results sensitive to data samples and modelling approaches. We reassess the relationship betweenaid, policy and growth implementing a novel semiparametric estimation method that allows for nonlineari-ties and control for endogeneity. We use a panel of 61 developing countries for the period 1970–2005. Theresults show that the aid-policy-growth relationship is complex with varying correlation patterns across dif-ferent aid and policy levels. Aid does not seem growth-enhancing, except at very high levels (above 7% ofAid/GDP), whereas the effect may arrive with a lag at lower levels. Good policies are positively associatedwith growth and is more obvious in better policy environments. Aid effectiveness does not increase withbetter policies. 2017 2024-06-21T09:06:37Z 2024-06-21T09:06:37Z Working Paper https://hdl.handle.net/10568/146319 en https://doi.org/10.1080/00036846.2019.1677847 Open Access application/pdf International Food Policy Research Institute Geng, Xin; and Hernandez, Manuel A. 2017. Aid, Policies and Growth: A Nonlinear Reassessment. IFPRI Discussion Paper 1699. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/146319 |
| spellingShingle | policies parametric programming developing countries growth Geng, Xin Hernandez, Manuel A. Aid, Policies and Growth: A Nonlinear Reassessment |
| title | Aid, Policies and Growth: A Nonlinear Reassessment |
| title_full | Aid, Policies and Growth: A Nonlinear Reassessment |
| title_fullStr | Aid, Policies and Growth: A Nonlinear Reassessment |
| title_full_unstemmed | Aid, Policies and Growth: A Nonlinear Reassessment |
| title_short | Aid, Policies and Growth: A Nonlinear Reassessment |
| title_sort | aid policies and growth a nonlinear reassessment |
| topic | policies parametric programming developing countries growth |
| url | https://hdl.handle.net/10568/146319 |
| work_keys_str_mv | AT gengxin aidpoliciesandgrowthanonlinearreassessment AT hernandezmanuela aidpoliciesandgrowthanonlinearreassessment |