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  • 标题:Does development aid help poor countries catch up? An analysis of the basic relations
  • 作者:Tryggvi Thor Herbertsson ; Martin Paldam
  • 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
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