The Aid Effectiveness Literature: The Sad Results of 40 Years of Research

Doucouliagos, Hristos; Paldam, Martín

doi:10.1111/j.1467-6419.2008.00568.x

Cited by 332 publications

(162 citation statements)

References 48 publications

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“…These variables are chosen as they are potentially important and some of which have been found to be significant in earlier meta-analysis studies (Doucouliagos & Paldam [15], [16]; Doucouliagos & Ulubasoglu [17]). …”

Section: Multiple Meta-regression Analysismentioning

confidence: 99%

Economic Governance and Economic Growth in South and East Asia & Pacific Region: Evidence from Systematic Literature Reviews and Meta-analysis

Yerrabati¹,

Hawkes²

2015

aeb

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With economists and policy makers recognising the role of governance for growth, recent research focus is on governance and its impact on growth. However, with ever growing number of studies using different methodologies, data sources and country groupings, a high amount of heterogeneity is created among reported results. This has left both policy makers and researchers having different views on the importance of governance for growth. This paper has meta-synthesised the empirical evidence on governance and growth in South and East Asia Pacific countries based on 29 studies with 554 estimates from 1980 -2012. The empirical results show that while corruption is significantly and negatively correlated with growth, government effectiveness and regulation are positively and significantly correlated. Political stability and law have no important effect on economic growth. We conclude that empirical research literature on governance and growth has failed to provide evidence of a true effect of voice and accountability on growth. Finally, overall governance is important for growth. Our results have important policy implications.

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Section: Multiple Meta-regression Analysismentioning

confidence: 99%

Economic Governance and Economic Growth in South and East Asia & Pacific Region: Evidence from Systematic Literature Reviews and Meta-analysis

Yerrabati¹,

Hawkes²

2015

aeb

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“…Hence, it poses a puzzle that various empirical studies show foreign aid to be rather ineffective in promoting economic growth in recipient countries. Both the meta study by Doucouliagos and Paldam (2005) and the extensive survey by Harms and Lutz (2005) conclude that the aid effectiveness literature has not established that aid works.…”

Section: Introductionmentioning

confidence: 99%

Does US aid buy UN general assembly votes? A disaggregated analysis

2008

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Using panel data for 143 countries over the period , this paper empirically analyzes the influence of US aid on voting patterns in the UN General Assembly. We use disaggregated aid data to account for the fact that various forms of aid may differ in their ability to induce political support by recipients. We obtain strong evidence that US aid buys voting compliance in the Assembly. More specifically, our results suggest that general budget support and untied grants are the major aid categories by which recipients have been induced to vote in line with the United States. When replicating the analysis for other G7 donors, no comparable patterns emerge.

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“…A strong illustration is here given by the recent and contradictory contributions of Rajan and Subramanian (2011) and Arndt, Jones and Tarp (2010). Doucouliagos and Paldam (2009) reviewing results in a meta-analysis of 97 empirical studies also argued that most of the evidence points to the fact that aid has not been effective. According to them, if there was a positive effect of aid on growth it would be small and of economic little significance.…”

Section: Ideology Versus Methodologymentioning

confidence: 99%