New Data, New Doubts: Revisiting 'Aid, Policies, and Growth'
Center for Global Development Working Paper No. 26
22 Pages Posted: 1 Oct 2003
Date Written: June 2003
The Burnside and Dollar (2000) finding that aid raises growth in a good policy environment has had an important influence on policy and academic debates. We conduct a data gathering exercise that updates their data from 1970-93 to 1970-97, as well as filling in missing data for the original period 1970-93. We find that the BD finding is not robust to the use of this additional data.
Keywords: foreign aid, growth, policy
JEL Classification: F350, O230, O400
Suggested Citation: Suggested Citation