Abstract:The enormous volume of literature has widely discussed the aid–growth correlation while identification of their causal relationship remains elusive and mixed. The main objective of this article is to investigate whether aid sources matter for explaining the aid–growth causal nexus among African low‐income countries (LICs) during 2000–2017. A novel feature of this study is that it takes into account three proxies of aid (i.e. total aid [TA], traditional donors’ aid [TDA], non‐TDA [NTDA]), unlike most studies th… Show more
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