The (small) blessing of foreign aid: further evidence on aid’s impact on democracy
Research output: Contribution to journal › Article › peer-review
Electronic versions
DOI
In an empirical contribution to the literature of foreign aid, we estimate the impact of foreign aid on democracy in a panel of 93 developing economies during 1971–2010. We find that foreign aid promotes democracy, with the result robust to different estimation methodologies and control variables and to instrumenting for foreign aid.
Keywords
- Foreign Aid, Democracy, Instrumental variables
| Original language | English |
|---|---|
| Pages (from-to) | 3922-3930 |
| Journal | Applied Economics |
| Volume | 46 |
| Issue number | 32 |
| DOIs | |
| Publication status | Published - 20 Aug 2014 |