New Data, New Doubts: Revisiting 'Aid, Policies, and Growth'

Center for Global Development Working Paper No. 26

22 Pages Posted: 1 Oct 2003

See all articles by William Easterly

William Easterly

New York University - Department of Economics

Ross Levine

University of California, Berkeley - Haas School of Business; National Bureau of Economic Research (NBER)

David Roodman

Center for Global Development

Multiple version iconThere are 3 versions of this paper

Date Written: June 2003

Abstract

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

Easterly, William and Levine, Ross Eric and Roodman, David, New Data, New Doubts: Revisiting 'Aid, Policies, and Growth' (June 2003). Center for Global Development Working Paper No. 26. Available at SSRN: https://ssrn.com/abstract=425001 or http://dx.doi.org/10.2139/ssrn.425001

William Easterly (Contact Author)

New York University - Department of Economics ( email )

269 Mercer Street
New York, NY 10003
United States

Ross Eric Levine

University of California, Berkeley - Haas School of Business ( email )

545 Student Services Building, #1900
2220 Piedmont Avenue
Berkeley, CA 94720
United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

David Roodman

Center for Global Development ( email )

2055 L St. NW
5th floor
Washington, DC 20036
United States

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