Aid and Income: Another Time-series Perspective

Publikation: Bidrag til tidsskriftTidsskriftartikelfagfællebedømt

Standard

Aid and Income : Another Time-series Perspective. / Lof, Matthijs; Mekasha, Tseday Jemaneh; Tarp, Finn.

I: World Development, Bind 69, 2015, s. 19-30.

Publikation: Bidrag til tidsskriftTidsskriftartikelfagfællebedømt

Harvard

Lof, M, Mekasha, TJ & Tarp, F 2015, 'Aid and Income: Another Time-series Perspective', World Development, bind 69, s. 19-30. https://doi.org/10.1016/j.worlddev.2013.12.015

APA

Lof, M., Mekasha, T. J., & Tarp, F. (2015). Aid and Income: Another Time-series Perspective. World Development, 69, 19-30. https://doi.org/10.1016/j.worlddev.2013.12.015

Vancouver

Lof M, Mekasha TJ, Tarp F. Aid and Income: Another Time-series Perspective. World Development. 2015;69:19-30. https://doi.org/10.1016/j.worlddev.2013.12.015

Author

Lof, Matthijs ; Mekasha, Tseday Jemaneh ; Tarp, Finn. / Aid and Income : Another Time-series Perspective. I: World Development. 2015 ; Bind 69. s. 19-30.

Bibtex

@article{046a8d173c8e4fb28a5b0bebd0c8c085,
title = "Aid and Income: Another Time-series Perspective",
abstract = "This study provides a replication of the empirical results reported by Nowak-Lehmann, Dreher, Herzer, Klasen, and Mart{\'i}nez-Zarzoso (2012) (henceforth NDHKM). We uncover that NDHKM relied on a regression model which included a log transformation of variables that are not strictly positive. This led to nonrandom omission of a large proportion of observations. Furthermore, we show that NDHKM{\textquoteright}s use of co-integrated regressions is not a suitable empirical strategy for estimating the causal effect of aid on income. Evidence from a Panel VAR model estimated on the dataset of NDHKM, suggests a positive and statistically significant long-run effect of aid on income.",
author = "Matthijs Lof and Mekasha, {Tseday Jemaneh} and Finn Tarp",
year = "2015",
doi = "10.1016/j.worlddev.2013.12.015",
language = "English",
volume = "69",
pages = "19--30",
journal = "World Development",
issn = "1873-5991",
publisher = "Pergamon Press",

}

RIS

TY - JOUR

T1 - Aid and Income

T2 - Another Time-series Perspective

AU - Lof, Matthijs

AU - Mekasha, Tseday Jemaneh

AU - Tarp, Finn

PY - 2015

Y1 - 2015

N2 - This study provides a replication of the empirical results reported by Nowak-Lehmann, Dreher, Herzer, Klasen, and Martínez-Zarzoso (2012) (henceforth NDHKM). We uncover that NDHKM relied on a regression model which included a log transformation of variables that are not strictly positive. This led to nonrandom omission of a large proportion of observations. Furthermore, we show that NDHKM’s use of co-integrated regressions is not a suitable empirical strategy for estimating the causal effect of aid on income. Evidence from a Panel VAR model estimated on the dataset of NDHKM, suggests a positive and statistically significant long-run effect of aid on income.

AB - This study provides a replication of the empirical results reported by Nowak-Lehmann, Dreher, Herzer, Klasen, and Martínez-Zarzoso (2012) (henceforth NDHKM). We uncover that NDHKM relied on a regression model which included a log transformation of variables that are not strictly positive. This led to nonrandom omission of a large proportion of observations. Furthermore, we show that NDHKM’s use of co-integrated regressions is not a suitable empirical strategy for estimating the causal effect of aid on income. Evidence from a Panel VAR model estimated on the dataset of NDHKM, suggests a positive and statistically significant long-run effect of aid on income.

U2 - 10.1016/j.worlddev.2013.12.015

DO - 10.1016/j.worlddev.2013.12.015

M3 - Journal article

VL - 69

SP - 19

EP - 30

JO - World Development

JF - World Development

SN - 1873-5991

ER -

ID: 146205959