Aid Effectiveness: Opening the Black Box
Research output: Working paper
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Aid Effectiveness : Opening the Black Box. / Arndt, Channing; Jones, Edward Samuel; Tarp, Finn.
Helsinki : UNU-WIDER, 2011.Research output: Working paper
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TY - UNPB
T1 - Aid Effectiveness
T2 - Opening the Black Box
AU - Arndt, Channing
AU - Jones, Edward Samuel
AU - Tarp, Finn
N1 - JEL classification: C23, O1, O2, O4
PY - 2011
Y1 - 2011
N2 - Controversy over the aggregate impact of foreign aid has focused on reduced form estimates of the aid-growth link. The causal chain, through which aid affects developmental outcomes including growth, has received much less attention. We address this gap by: (i) specifying a structural model of the main relationships; (ii) estimating the impact of aid on a range of final and intermediate outcomes; and (iii) quantifying a simplied representation of the full structural form, where aid impacts on growth through key intermediate outcomes. A coherent picture emerges: aid stimulates growth and reduces poverty through physical capital investment and improvements in health.
AB - Controversy over the aggregate impact of foreign aid has focused on reduced form estimates of the aid-growth link. The causal chain, through which aid affects developmental outcomes including growth, has received much less attention. We address this gap by: (i) specifying a structural model of the main relationships; (ii) estimating the impact of aid on a range of final and intermediate outcomes; and (iii) quantifying a simplied representation of the full structural form, where aid impacts on growth through key intermediate outcomes. A coherent picture emerges: aid stimulates growth and reduces poverty through physical capital investment and improvements in health.
KW - Faculty of Social Sciences
M3 - Working paper
SN - 978-9292304119
BT - Aid Effectiveness
PB - UNU-WIDER
CY - Helsinki
ER -
ID: 35374614