Can the two new aid-growth models be replicated?

B-Tier
Journal: Public Choice
Year: 2006
Volume: 127
Issue: 1
Pages: 147-175

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Recent aid effectiveness literature centers on two competing models from the family of conditional models: The Good Policy Model, where the key feature is policy times aid, and the Medicine Model, where it is aid squared. Both models were reached on a sample of 1/3 of the available data. The models are simplified to be replicatable on more of the data. Within-sample the Good Policy Model proves fragile, while the Medicine Model is more robust. Both models fail in out-of-sample replications. A semi-parametric technique is used to test for an unknown functional form of the aid-growth term. It rejects that aid is statistically significant. Copyright Springer Science + Business Media, Inc. 2006

Technical Details

RePEc Handle
repec:kap:pubcho:v:127:y:2006:i:1:p:147-175
Journal Field
Public
Author Count
2
Added to Database
2026-01-25