Does aid help improve economic institutions ? / Decio Coviello, Roumeen Islam.

Format:

Book

Government document

Author/Creator:

Coviello, Decio.

Contributor:

World Bank.

Islam, Roumeen.

Series:

Policy research working papers ; 3990.

World Bank e-Library.

Policy research working paper ; 3990

Language:

English

Subjects (All):

Economic assistance.

Institutional economics.

Other Title:

Policy research working paper vol. 3990

Place of Publication:

[Washington, D.C. : World Bank, 2006]

System Details:

data file

Summary:

"Aid is expected to promote better living standards by raising investment and growth. But aid may also affect institutions directly. In theory, these effects may or may not work in the same direction as those on investment. The authors examine the effect of aid on economic institutions and find that aid has neither a positive nor a negative impact on existing measures of economic institutions. They find the results using pooled data for non-overlapping five-year periods, confirmed by pooled annual regressions for a large panel of countries and by pure cross-section regressions. The authors explicitly allow for time invariant effects that are country specific and find the results to be robust to model specifications, estimation methods, and different data sets. "--World Bank web site.

Notes:

Title from PDF file as viewed on 8/21/2006.

Includes bibliographical references.

Publisher Number:

10.1596/1813-9450-3990