Abstract
This article revisits the question of aid effectiveness on economic growth by introducing a country’s legal origin in the debate. We provide compelling evidence to show that both quantity and quality of aid disbursed to Africa’s least developed countries matter and that these effects differ based on a country’s legal origin. A quadratic specification of the total aid variable and source-based proxies are used to capture the effects of quantity and quality of aid, respectively. The aid effects are evaluated in a dynamic framework using system GMM. Our results are robust to different model specifications and estimation techniques.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
