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Keywords: Aid effectiveness
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Journal Articles
Journal:
Applied Economic Analysis
Applied Economic Analysis (2021) 29 (87): 189–207.
Published: 17 May 2021
..., as it combines regular DOLS with corrections for autocorrelation and cross-section dependence. The second generation of aid effectiveness studies focuses on the aid-investment link. These studies mostly build on the Harrod-Domar model. Investment and the productivity of capital, which is considered constant...
