{"title":"援助、政策与增长:用新数据重新审视","authors":"Shaomeng Jia, Claudia R. Williamson","doi":"10.2139/ssrn.2841926","DOIUrl":null,"url":null,"abstract":"Burnside and Dollar (2000) conclude aid promotes growth in the presence of sound policies. Easterly et al. (2004) overturn this result. We revisit this highly debated topic with updated data. Our results overturn Burnside and Dollar’s original findings by simply using new data over the same countries and years. Additional tests indicate that the original results are mainly sample driven. Marginal effects from a long-run sample (1962-2013) and post-Cold War (1990-2013) dataset suggest aid may decrease growth at any level of policy. Collectively, the results do not support a positive role of aid on growth, conditional on good policies.","PeriodicalId":127865,"journal":{"name":"Political Economy: Budget","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2016-09-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":"{\"title\":\"Aid, Policies and Growth: Revisiting with New Data\",\"authors\":\"Shaomeng Jia, Claudia R. Williamson\",\"doi\":\"10.2139/ssrn.2841926\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Burnside and Dollar (2000) conclude aid promotes growth in the presence of sound policies. Easterly et al. (2004) overturn this result. We revisit this highly debated topic with updated data. Our results overturn Burnside and Dollar’s original findings by simply using new data over the same countries and years. Additional tests indicate that the original results are mainly sample driven. Marginal effects from a long-run sample (1962-2013) and post-Cold War (1990-2013) dataset suggest aid may decrease growth at any level of policy. Collectively, the results do not support a positive role of aid on growth, conditional on good policies.\",\"PeriodicalId\":127865,\"journal\":{\"name\":\"Political Economy: Budget\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2016-09-21\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"2\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Political Economy: Budget\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2139/ssrn.2841926\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Political Economy: Budget","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.2841926","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Aid, Policies and Growth: Revisiting with New Data
Burnside and Dollar (2000) conclude aid promotes growth in the presence of sound policies. Easterly et al. (2004) overturn this result. We revisit this highly debated topic with updated data. Our results overturn Burnside and Dollar’s original findings by simply using new data over the same countries and years. Additional tests indicate that the original results are mainly sample driven. Marginal effects from a long-run sample (1962-2013) and post-Cold War (1990-2013) dataset suggest aid may decrease growth at any level of policy. Collectively, the results do not support a positive role of aid on growth, conditional on good policies.