Aid, Exports, and Growth : A Time-Series Perspective on the Dutch Disease Hypothesis /

We use a heterogeneous panel VAR model identified through factor analysis to study the dynamic response of exports, imports, and per capita GDP growth to a 'global' aid shock. We find that a global aid shock can affect exports, imports, and growth either positively or negatively. As a resu...

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Detalhes bibliográficos
Autor principal: Kang, Joong
Outros Autores: Prati, Alessandro, Rebucci, Alessandro
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2013.
Colecção:IMF Working Papers; Working Paper ; No. 2013/073
Acesso em linha:Full text available on IMF