Martin Paldam

Finally a breakthrough?: The recent rise in the size of the estimates of aid effectiveness

Publikation: Working paper


  • wp14_07

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The authors have previously surveyed the AEL, aid (empirical) effectiveness literature, using the technique of meta-analysis. We reached the result that the small positive effect of aid on growth found in the average study is mostly a publication selection bias. This present study concentrates on the new literature from 2007 onward which is divided into: Period (A) 2007-08: where the AEL showed aid ineffectiveness. Period (B) 2009-12: where the results are better. Three hypotheses may explain the upward kink in the results: (i) Aid effectiveness has increased. (ii) A breakthrough has occurred in the models and estimators. (iii) The improvement is an artifact. Unfortunately the data support the third hypothesis only.
UdgiverInstitut for Økonomi, Aarhus Universitet
Antal sider30
StatusUdgivet - 3 feb. 2014
NavnEconomics Working Papers


  • Aid effectiveness, meta-analysis

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