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Recent empirical studies reveal that effectiveness of aid on growth is ambiguous. This paper considers aid proliferation-excess aid investment relative to recurrent cost-as a potential cause that undermines aid effectiveness, because aid projects can only produce sustainable benefits when sufficient recurrent costs are disbursed. We consider the donor's(More)
Plants in clusters are often more productive than those located in non-clusters. This has been explained by agglomeration effects that improve productivity of all plants in a region. However, recent theoretical development of trade and spatial economic theories with heterogeneous firms has shed light on another channel of productivity improvement in(More)
Discussion Papers are a series of manuscripts in their draft form. They are not intended for circulation or distribution except as indicated by the author. For that reason Discussion Papers may not be reproduced or distributed without the written consent of the author. Abstract This paper investigates determinants of geographic distribution of share tenancy(More)
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