Aid, Exports, and Growth: A Time-Series Perspective on the Dutch Disease Hypothesis

WP/13/73

Nopic
We use a heterogeneous panel VAR model identified through factor analysis to study the dynamic response of exports, imports, and per capita GDP growth to a "global" aid shock. We find that a global aid shock can affect exports, imports, and growth either positively or negatively. As a result, the relation between aid and growth is mixed,... READ MORE...

Publication date: March 2013
ISBN 9781484320112
$18.00

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Publication date: March 2013

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Publication date: March 2013

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