Record Details

The Effects of Foreign Aid in Sub-Saharan Africa

The Economic and Social Review

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Field Value
 
Title The Effects of Foreign Aid in Sub-Saharan Africa
 
Creator Gillanders, Robert
 
Subject foreign aid; sub-Saharan Africa
 
Description This paper contributes to the aid effectiveness debate by applying a vector autoregression model to a panel of Sub-Saharan African countries. This method avoids the need for instrumental variables and allows one to analyse the effect of foreign aid on human development and on economic development simultaneously. The full sample results indicate a small increase in economic growth following a fairly substantial aid shock. The size of the effect puts the result somewhere between the arguments of aid optimists and those of aid pessimists. Human development, for which I use the growth rate of life expectancy as a proxy, responds positively to aid shocks in democracies.
 
Publisher The Economic and Social Review
 
Contributor
 
Date 2016-09-26
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.esr.ie/article/view/604
 
Source The Economic and Social Review; Vol 47, No 3, Autumn (2016); 339-360
0012-9984
 
Language eng
 
Relation http://www.esr.ie/article/view/604/143
 
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