We develop a model to study the macroeconomic effects of public investment surges in low-
income countries, making explicit:(i) the investment-growth linkages;(ii) public external and …

Abstract 'Aid for Trade'is an ongoing and high-profile discussion associated with the Doha
negotiations of the World Trade Organization. It also relates to questions of how best to …

In this paper we investigate the long-run relationship between foreign aid, foreign direct
investment and economic growth in 36 Sub-Saharan Africa countries over the period 1980 …

This paper provides new empirical evidence of the macroeconomic effects of public
investment in developing economies. Using public investment forecast errors to identify …

We extend earlier models of economic growth and development by exploring the effect of
economic freedom on US state employment growth. We find that states with greater …

We develop a model to analyze the macroeconomic effects of a scaling-up of aid and assess
the implications of different policy responses. The model features key structural …

We analyse, both theoretically and empirically, the growth effects associated with two
components of volatile foreign financial assistance:'directly productive'(or 'tied') aid and …

This paper analyzes the impact of foreign aid on growth. It differs from the existing literature
in at least two important ways. First, we differentiate between foreign aid as technical …

This paper studies the impact of aid volatility in a two-period model where production may
occur with either a traditional or a modern technology. Public spending is productive and …

We introduce an infinite-horizon endogenous growth framework for studying the effects of
foreign aid on the economic growth in a recipient country. Aid is used to partially finance the …