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Are Aid Flows Excessive or Insufficient? Estimating the Growth Impact of Aid in Threshold Regressions

Bibliographic Data

ID10493545
AuthorsSarantis Kalyviti (0000-0002-7540-6019, Athens University of Economics and Business, corresponding author), Sarantis Kalyvitis (Athens University of Economics and Business), Thanasis Stengos (0000-0002-7771-1121, University of Guelph), Irene Vlachaki (Athens University of Economics and Business)
Year2012
Volume59
Issue3
Pages298-315
Publication date2012-06-03
Open AccessYes
TypeARTICLE
VenueScottish Journal of Political Economy (JOURNAL)
Journal identifiersISSN: 0036-9292 • E-ISSN: 1467-9485
PublisherWiley (PUBLISHER • GB)
DOI10.1111/j.1467-9485.2012.00582.x
OpenAlexW2103594873
LanguageEN
Citations received1
References cited38

Existing empirical studies and policy reports provide ambiguous results on the growth effect of foreign aid flows in the recipient countries. The present paper examines whether there exists an aid threshold that determines the growth impact of foreign aid. We use a threshold regression methodology to estimate growth specifications and the associated aid thresholds in a sample of 42 aid recipients covering the period 1970–2000. Our findings indicate that there is a threshold level of aid, above which the growth impact of aid becomes positive

Aid effectiveness · Developing country · Econometrics · Economic growth · Economics · Macroeconomics · Regression · Sample (material · Statistics · Threshold model · Economic Growth and Development · International Development and Aid · Mathematics · Poverty, Education, and Child Welfare

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Citations per year0.17
Citation span2020 - 2020 (1)
Highly citedNo

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