Aid and Growth at the Regional Level is popular PDF and ePub book, written by Axel Dreher in 2015-09-03, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Aid and Growth at the Regional Level can be Read Online from any device for your convenience.
Aid and Growth at the Regional Level Book PDF Summary
This paper brings the aid effectiveness debate to the sub-national level. We hypothesize the nonrobust results regarding the effects of aid on development in the previous literature to arise due to the effects of aid being insufficiently large to measurably affect aggregate outcomes. Using geocoded data for World Bank aid to a maximum of 2,221 first-level administrative regions (ADM1) and 54,167 second-level administrative regions (ADM2) in 130 countries over the 2000-2011 period, we test whether aid affects development, measured as nighttime light growth. Our preferred identification strategy exploits variation arising from interacting a variable that indicates whether or not a country has passed the threshold for receiving IDA's concessional aid with a recipient region's probability to receive aid, in a sample of 478 ADM1 regions and almost 8,400 ADM2 regions from 21 countries. Controlling for the levels of the interacted variables, the interaction provides a powerful and excludable instrument. Overall, we find significant correlations between aid and growth in ADM2 regions, but no causal effects.
Detail Book of Aid and Growth at the Regional Level PDF
- Author : Axel Dreher
- Release : 03 September 2015
- Publisher : International Monetary Fund
- ISBN : 9781513514437
- Genre : Business & Economics
- Total Page : 40 pages
- Language : English
- PDF File Size : 15,9 Mb
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