The long-run impact of foreign aid in 36 African countries : Insights from multivariate time series analysis

@inproceedings{Juselius2011TheLI,
  title={The long-run impact of foreign aid in 36 African countries : Insights from multivariate time series analysis},
  author={Katarina Juselius and Niels Framroze and M\oller},
  year={2011}
}
  • Katarina Juselius, Niels Framroze, Møller
  • Published 2011
Studies of aid effectiveness abound in the literature, often with opposing conclusions. Since most time-series studies use data from the exact same publicly available data bases, our claim here is that such differences in results must be due to the use of different econometric models and methods. To investigate this we perform a comprehensive study of the long-run effect of foreign aid (ODA) on a set of key macroeconomic variables in 36 sub-Saharan African countries from mid-1960s to 2007. We… CONTINUE READING
Highly Cited
This paper has 35 citations. REVIEW CITATIONS

From This Paper

Figures and tables from this paper.

References

Publications referenced by this paper.
Showing 1-10 of 45 references

The Cointegrated VAR Model: Econometric Methodology and Macroeconomics Applications

K. Juselius
Oxford: Oxford University Press. • 2006
View 7 Excerpts
Highly Influenced

Likelihood-Based Inference in Cointegrated Vector Autoregressive Models

S. Johansen
Advanced Texts in Econometrics. Oxford: Oxford University Press. • 1996
View 4 Excerpts
Highly Influenced

A Note on the Economic Interpretation of Some Batch Tests in the Cointegrated VAR Model

N. F. Møller
Mimeograph, Department of Economics, University of Copenhagen. • 2010
View 4 Excerpts
Highly Influenced

The Methodology of Empirical Econometric Modelling: Applied Econometrics Through the Looking-glass

D. Hendry
T. Mills and K. Patterson (eds), The New Palgrave Handbook of Empirical Econometrics, Chapter 1. London: MacMillan. • 2009
View 4 Excerpts
Highly Influenced

Influential Observations in Cointegrated VAR Models: Danish Money Demand 1973-2003

H. B. Nielsen
The Econometrics Journal, 11 (1): 1-19. • 2008
View 4 Excerpts
Highly Influenced

Aid Effectiveness Disputed

View 4 Excerpts
Highly Influenced

The Search for the Key: Aid, Investment and Policies in Africa

D. Dollar, W. Easterly
Journal of African Economies, 8 (4): 546-77, December. • 1999
View 17 Excerpts
Highly Influenced

Aid and growth in Sub-Saharan Africa : Accounting for transmission mechanisms

Karuna Gomanee, Sourafel Girma, Oliver Morrissey
2002
View 3 Excerpts
Highly Influenced

Similar Papers

Loading similar papers…