Counting Chickens When They Hatch: The Short Term Effect of Aid on Growth

By Michael A. Clemens, S. Radelet, Rikhil R Bhavnani. 2004

757 citations recorded by the source corpus.

Subfields: Development, Economics and Econometrics, Safety Research

View Paper: https://www.semanticscholar.org/paper/9ec867aa25b76357a19de214c76e939c577e0a18

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Citations in the corpus

Need, Merit, or Self-Interest: What Determines the Allocation of Aid? (2011, neutral): “We lag growth by one period to reduce the potential for the reverse causality of aid on growth, which Clemens et al (2004) show can be significant in the short-term.”
The impact of foreign aid on economic growth in ECOWAS countries: A simultaneous-equation model (2013, neutral): “2 See, for example, Bauer (1971); Burnside and Dollar (2000); Hansen and Tarp (2001); Collier and Dollar (2002); Alesina and Weder (2002); Clemens et al. (2004); Roodman (2007); and Dalgaard et al. (2004).”
The curse of aid (2008, neutral): “(2004), Hansen and Trap (2004) and Clemens et al. (2004). Those”
Knowledge Economy Gaps, Policy Syndromes, and Catch-Up Strategies: Fresh South Korean Lessons to Africa (2015, neutral): “Fourth, while researchers have become distrustful of results based on system GMM (Roodman 2007, 2008, 2009; Bazzi and Clemens 2010; Clemens et al. 2012), the absolute beta convergence estimations that are GMM-oriented are essentially employed in the paper to ascertain sigma catch-up estimations.”
How Is Foreign Aid Spent? Evidence from a Natural Experiment (2009, methodology): “To cope with this endogeneity problem, researchers frequently employ an instrumentation strategy (e.g., Hansen and Tarp, 2001; Easterly, 2003; Clemens et al., 2004).”
Development Aid and Economic Growth: A Positive Long-Run Relation (2009, neutral): “9 To circumvent this problem, Clemens et al. (2004) use sector-level aid commitment data (1973–2000) to obtain disbursements of three types of aid: short-term aid (with a developmental impact within 4 years), long-term aid, and humanitarian aid.”
Does Foreign Aid Increase Foreign Direct Investment (2012, methodology): “In the rst case, we use pooled OLS (POLS) and estimate fdiit = t + 0 + 1nit + 2Sit + 3aid K it + 4aid A it + 5 aidit 2 + uit, (13) where t is a time-specic constant that captures common productivity shocks at time t.”
Fighting terrorism in Africa: Benchmarking policy harmonization (2018, neutral): “…about initial endowments and multiple equilibria that are associated with system GMM estimations, some researchers are increasingly distrustful of findings from system GMM that are partly based on a difference equation (see Roodman, 2007, 2008, 2009a; Bazzi & Clemens, 2010; Clemens et al., 2012).”
Aid, Aid for Trade, and bilateral trade: An empirical study (2013, background): “When assessing the growth effects of aid, it has been shown to be important to disaggregate aid (e.g. Clemens et al. 2004).”