Aid and Income
Another Time-series Perspective
Bibliographic Data
| ID | 11915464 |
|---|---|
| Authors | Matthijs Lof (0000-0002-1324-5942, Aalto University, corresponding author), Tseday Jemaneh Mekasha (0000-0001-5329-0898, Aalto University), Finn Tarp (0000-0002-6247-4370, University of Copenhagen) |
| Year | 2014 |
| Volume | 69 |
| Pages | 19-30 |
| Publication date | 2014-01-24 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | World Development (JOURNAL) |
| Journal identifiers | ISSN: 0305-750X • E-ISSN: 1873-5991 |
| Publisher | Elsevier BV (PUBLISHER) |
| DOI | 10.1016/j.worlddev.2013.12.015 |
| OpenAlex | W2090314958 |
| Language | EN |
| Citations received | 15 |
| References cited | 20 |
This study provides a replication of the empirical results reported by Nowak-Lehmann, Dreher, Herzer, Klasen, and Martínez-Zarzoso (2012) (henceforth NDHKM). We uncover that NDHKM relied on a regression model which included a log transformation of variables that are not strictly positive. This led to nonrandom omission of a large proportion of observations. Furthermore, we show that NDHKM’s use of co-integrated regressions is not a suitable empirical strategy for estimating the causal effect of aid on income. Evidence from a Panel VAR model estimated on the dataset of NDHKM, suggests a positive and statistically significant long-run effect of aid on income
Econometrics · Economics · Macroeconomics · Mathematical economics · Perspective (graphical · Series (stratigraphy · Statistics · Time series · Computer Science · Fiscal Policy and Economic Growth · International Development and Aid · Mathematics · Poverty, Education, and Child Welfare · Artificial Intelligence · Geology
Comment on Lof, Mekasha, and Tarp (2014)
Does climate aid reduce perceived climate risks to foreign direct investors
Does China’s aid increase individual happiness of recipient countries
The Macroeconomics of Aid
Explaining Aid Project and Program Success
Rejoinder to Herzer, Nowak-Lehmann, Dreher, Klasen, and Martinez-Zarzoso (2014)
The aid-nutrition link – Does targeted development assistance related to food systems matter
Foreign aid and growth
The potential role of aid in escaping the middle-income trap
The Role of Foreign Aid in Promoting Gender Equality and Social Inclusion in Africa
The Impact of Foreign Aid on Economic Growth in Africa
What Drives Migration to Europe? Survey Experimental Evidence from Lebanon
Targeted Foreign Aid and International Migration
Moderating Effect of Institutional Quality on Relationship Between Foreign Aid and Economic Growth in Africa
Foreign aid and economic growth nexus in Africa
An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output
A Parametric approach to the Estimation of Cointegration Vectors in Panel Data
What are the effects of fiscal policy shocks?
A Simple Estimator of Cointegrating Vectors in Higher Order Integrated Systems
Biases in Dynamic Models with Fixed Effects
Some Tests of Specification for Panel Data
Macroeconomics and Reality
The Short-Run Macroeconomic Impact of Foreign Aid to Small States
Aid and Growth
On the Empirics of Foreign Aid and Growth
Counting Chickens when they Hatch
Vector Autoregressions
| Citations per year | 1.25 |
|---|---|
| Citation span | 2014 - 2025 (12) |
| Highly cited | No |