Aid, policies, and growth: Reply

Aid, policies, and growth: Reply
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援助、政策和增长: 回复

DOI:
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发表时间:
2004
期刊:
影响因子:
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通讯作者:
H. Akhand
H. Akhand
中科院分区:
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文献类型:
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作者:
C. Burnside;H. Hansen;F. Tarp;M. McPherson;J. Dayton;P. Guillaumont;L. Chauvet;R. Lensink;H. Akhand

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在Burnside and Dollar(2000)一书中,我们使用了增长文献中的标准回归技术来衡量外援对增长的影响。我们论文的主要结论是,外援对增长的影响取决于受援国的宏观经济政策。在本期中,William Easterly等人。(2004),挑战了我们的结果对新数据的稳健性。在评论他们的调查结果之前,回顾一下我们最初调查结果的基础是有用的。我们的论文侧重于面板增长回归的三个版本,使用从1970年到1993年的51个国家的数据和6个四年时期的数据进行估计。这些回归可以概括为:
In Burnside and Dollar (2000) we used standard regression techniques from the growth literature to measure the effect of foreign aid on growth. The main finding in our paper was that the effect of foreign aid on growth depended on the macroeconomic policies of recipient countries. In this issue, William Easterly et al. (2004), challenge the robustness of our result to new data. Before commenting on their findings it is useful to review the basis of our original findings. Our paper focused on three versions of a panel growth regression, estimated using data for 51 countries, and six four-year periods, from 1970 to 1993. These regressions may be summarized as: