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Master Thesis

The growth effect of disaggregated foreign aid : evidence from bilateral loans and grants

Abstract : The master thesis investigates the growth effects of foreign aid, when it is disaggregated into bilateral grants and loans. It finds that in the majority of specifications, grants have a slightly significant positive marginal effect, while no such effect can be found for loans. These results were obtained after systematically controlling for endogeneity with various different strategies, such as instrumentation of aid at the donor level. They were also robust to the inclusion of multilateral aid, and not affected by the choice of different IV estimators.
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Master Thesis
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https://dumas.ccsd.cnrs.fr/dumas-01355265
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Submitted on : Monday, August 22, 2016 - 5:45:27 PM
Last modification on : Sunday, January 19, 2020 - 6:38:36 PM
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  • HAL Id : dumas-01355265, version 1

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Danny Kurban. The growth effect of disaggregated foreign aid : evidence from bilateral loans and grants. Economics and Finance. 2015. ⟨dumas-01355265⟩

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