FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W1578168093> ?p ?o ?g. }

• W1578168093 abstract "As from early 1960s, the question of whether aid works has been a central theme in development economics. The continued effort to analyse the effects of aid only now appears to be nearing consensus. A close examination of the literature suggests that there are certain aspects that are critical to this strand of studies that have not been fully addressed. In this thesis, we make a contribution by throwing light on three such issues that relate to the macroeconomic effectiveness of aid.Aid does not have a direct effect on growth; it operates via transmission mechanisms. Their role has not been given due consideration in the empirical literature. Our first objective is to revisit the question of aid effectiveness while taking into account the important effects through these mechanisms. Using generated regressors, we purge aid effect on these various mediators and obtain a coefficient on aid that gives a measure of the total effect aid has on growth. Our results consistently show that aid has had a positive effect on growth, largely through aid-financed investment and that Africa's poor growth record should not be attributed to aid ineffectiveness. Our second objective relates to the non-linear aspects that would seem to characterise the aid-growth link. This has consistently been represented by an 'aid squared' term and recently been referred to as the aid Laffer effect as proposed by Lensink and White (2001). Using a threshold model, we directly test the assumptions underlying this hypothesis. Contrary to an aid Laffer curve, we find that aid becomes effective beyond a certain critical level and human capital enhances its effects at higher aid levels. Hence, we find no evidence of diminishing returns in aid. Although, marginal impact of aid on growth does become weaker as human capital exceeds some high level. Overall, it seems that an 'aid squared' term is not an appropriate representation of the non-linearity in aid-growth link.Finally, we contribute to the limited literature on aid and welfare of the poor. Our findings consistently show that aid is associated with increases in welfare indicators. We highlight the role of pro-poor public spending as the channel through which aid improves welfare. These indirect effects are captured using residual generated regressors. Quantile regression estimates suggest that aid effects on human development vary across the welfare distribution; effects are more significant in economies located at the lower end of this distribution. Finally, we find that improving welfare may just be another way to promote growth in developing countries." @default.
• W1578168093 created "2016-06-24" @default.
• W1578168093 creator A5077169394 @default.
• W1578168093 date "2002-01-01" @default.
• W1578168093 modified "2023-09-23" @default.
• W1578168093 title "Essays on aid, growth and welfare" @default.
• W1578168093 cites W2067402622 @default.
• W1578168093 cites W2082503759 @default.
• W1578168093 cites W2100084310 @default.
• W1578168093 cites W2113909820 @default.
• W1578168093 cites W2121564142 @default.
• W1578168093 cites W2262697574 @default.
• W1578168093 cites W3122249065 @default.
• W1578168093 cites W3125364203 @default.
• W1578168093 hasPublicationYear "2002" @default.
• W1578168093 type Work @default.
• W1578168093 sameAs 1578168093 @default.
• W1578168093 citedByCount "0" @default.
• W1578168093 crossrefType "dissertation" @default.
• W1578168093 hasAuthorship W1578168093A5077169394 @default.
• W1578168093 hasConcept C100001284 @default.
• W1578168093 hasConcept C100243477 @default.
• W1578168093 hasConcept C118084267 @default.
• W1578168093 hasConcept C127413603 @default.
• W1578168093 hasConcept C139719470 @default.
• W1578168093 hasConcept C149782125 @default.
• W1578168093 hasConcept C162324750 @default.
• W1578168093 hasConcept C17744445 @default.
• W1578168093 hasConcept C199539241 @default.
• W1578168093 hasConcept C207451115 @default.
• W1578168093 hasConcept C27548731 @default.
• W1578168093 hasConcept C2778449271 @default.
• W1578168093 hasConcept C2778454966 @default.
• W1578168093 hasConcept C34447519 @default.
• W1578168093 hasConcept C50522688 @default.
• W1578168093 hasConcept C549774020 @default.
• W1578168093 hasConcept C78519656 @default.
• W1578168093 hasConcept C83864248 @default.
• W1578168093 hasConcept C94625758 @default.
• W1578168093 hasConceptScore W1578168093C100001284 @default.
• W1578168093 hasConceptScore W1578168093C100243477 @default.
• W1578168093 hasConceptScore W1578168093C118084267 @default.
• W1578168093 hasConceptScore W1578168093C127413603 @default.
• W1578168093 hasConceptScore W1578168093C139719470 @default.
• W1578168093 hasConceptScore W1578168093C149782125 @default.
• W1578168093 hasConceptScore W1578168093C162324750 @default.
• W1578168093 hasConceptScore W1578168093C17744445 @default.
• W1578168093 hasConceptScore W1578168093C199539241 @default.
• W1578168093 hasConceptScore W1578168093C207451115 @default.
• W1578168093 hasConceptScore W1578168093C27548731 @default.
• W1578168093 hasConceptScore W1578168093C2778449271 @default.
• W1578168093 hasConceptScore W1578168093C2778454966 @default.
• W1578168093 hasConceptScore W1578168093C34447519 @default.
• W1578168093 hasConceptScore W1578168093C50522688 @default.
• W1578168093 hasConceptScore W1578168093C549774020 @default.
• W1578168093 hasConceptScore W1578168093C78519656 @default.
• W1578168093 hasConceptScore W1578168093C83864248 @default.
• W1578168093 hasConceptScore W1578168093C94625758 @default.
• W1578168093 hasLocation W15781680931 @default.
• W1578168093 hasOpenAccess W1578168093 @default.
• W1578168093 hasPrimaryLocation W15781680931 @default.
• W1578168093 hasRelatedWork W1517092139 @default.
• W1578168093 hasRelatedWork W1523305573 @default.
• W1578168093 hasRelatedWork W153707649 @default.
• W1578168093 hasRelatedWork W1554374055 @default.
• W1578168093 hasRelatedWork W1591902081 @default.
• W1578168093 hasRelatedWork W1636843204 @default.
• W1578168093 hasRelatedWork W1982419528 @default.
• W1578168093 hasRelatedWork W2054806531 @default.
• W1578168093 hasRelatedWork W2056367751 @default.
• W1578168093 hasRelatedWork W2068401817 @default.
• W1578168093 hasRelatedWork W2073158180 @default.
• W1578168093 hasRelatedWork W2096172592 @default.
• W1578168093 hasRelatedWork W2101628628 @default.
• W1578168093 hasRelatedWork W2127125724 @default.
• W1578168093 hasRelatedWork W2269468241 @default.
• W1578168093 hasRelatedWork W2338683075 @default.
• W1578168093 hasRelatedWork W2509403390 @default.
• W1578168093 hasRelatedWork W2921084584 @default.
• W1578168093 hasRelatedWork W3124765175 @default.
• W1578168093 hasRelatedWork W3149345532 @default.
• W1578168093 isParatext "false" @default.
• W1578168093 isRetracted "false" @default.
• W1578168093 magId "1578168093" @default.
• W1578168093 workType "dissertation" @default.