期刊名称:IoES Working Paper Series / Institute of Economic Studies, University of Iceland
出版年度:2005
卷号:2005
出版社:niversity of Iceland
摘要:Aid flows are included into the standard cross-country catch-up relation. Robustness of the
result is tested by changing time periods and by adding extra variables. The main results are:
Absolute convergence and absolute aid effectiveness are both rejected. While conditional
convergence is accepted, conditional aid effectiveness is found to be weak. The two relations
are largely independent. However, aid has a clear activity effect in the short run. Finally, we
try to divide the countries into an A-group where aid is effective and a B-group where it
harms. Several criteria of division were explored, but none were very successful – the most
satisfactory is the one that divides countries according to their level of development.
关键词:Convergence, growth, development aid effectiveness