Aid instability as a measure of uncertainty and the positive impact of aid on growth

By Robert Lensink, O. Morrissey. 2000

441 citations recorded by the source corpus.

Subfields: Development, Economics and Econometrics, Information Systems

View Paper: https://www.semanticscholar.org/paper/f8054a88eba20b364441962c6b27fbffa61b3960

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Development

In Economics and Econometrics

In Information Systems

Citations in the corpus

The Impact of Foreign Aid on Economic Growth in Papua New Guinea (2005, background): “On the other side of the debate, researchers argue that aid works irrespective of the policy environment [Hansen and Tarp, 2000, 2001; Lensink and Morrissey, 2000; Guillaumont and Chauvet, 2001; Dalgaard and Hansen, 2001; Hudson and Mosley, 2001; Lu and Ram, 2001].”
Counting Chickens when they Hatch: Timing and the Effects of Aid on Growth* (2012, unknown): “18 In interpreting the standard errors on these delta-method estimates of the extremum in a U-shaped relationship, Lind and Mehlum (2010) suggest using a one-sided test, thus the 10% level of significance.”
ON T HE EMPIRICS OF FOREIGN A ID AND G ROWTH (2004, unknown): “A possibly related finding is that instability of aid inflows appears to have a negative influence on growth, while the level of inflows has a positive impact (Lensink and Morrissey, 2000).”
Aid Effectiveness and Selectivity : Integrating Multiple Objectives into Aid Allocations (2003, background): “…(2001, 2002), by looking inter alia at more recent 1 See Hansen and Tarp (2000a, 2000b), Dalgaard and Hansen (2001), Guillamont and Chauvet (2001), Hudson and Mosley (2001), Lensink and Morrissey (2000), Lensink and White (2001), Lu and Ram (2001), Dalgaard et al. (2002) and Gounder (2001, 2002).”
Does aid increase growth? (2001, background): “Lensink and Morrissey (2000) use aid instability, deviations of aid from a trend incorporating adaptive expectations, as a measure of uncertainty.”
Aid, public spending and human welfare: evidence from quantile regressions (2005, background): “It is quite probable that non-policy factors are important determinants of poor growth and welfare performance, such as susceptibility to shocks or uncertainty (Guillaumont and Chauvet, 2001; Lensink and Morrissey, 2000).”
It Works; It Doesn't; It Can, But That Depends (2006, background): “Lensink and Morrissey (2000) add their measure of aid uncertainty to a growth equation, which incorporates standard exogenous growth variables, including a measure of aid flows.”
Foreign direct investment : flows, volatility and growth in developing countries (2001, unknown): “They find that growth is lower in more vulnerable economies and present evidence that aid flows in greater amounts to countries suffering from adverse shocks (and aid mitigates the adverse effects of vulnerability), which lends support to the interpretation of Lensink and Morrissey (2000). Dehn and ”
Aid Volatility: An Empirical Assessment (2003, background): “…them) in contrast with the case of export price instability, where the main issues have been dealt with extensively in the economic literature.3 Lensink and Morrissey (2000) find that the effect of aid on growth is insignificant unless some measure of aid uncertainty is included in the…”
Volatility of Development Aid: From the Frying Pan into the Fire? (2008, unknown): “Empirical estimates show that the consequences of aid volatility for aggregate growth and consumption are sizable (Arellano, Buli´r ˇ, Lane, & Lipschitz, 2008; Lensink & Morrisey, 2000; Pallage & Robe, 2003; Torsvik, 2005).”