Herbertsson, Tryggvi Thor; Paldam, Martin - School of Economics and Management, University of Aarhus - 2005
(1958) and Bauer (1971), who argued from an (explicit) libertarian position that aid goes to
governments, and thus … from table 6a, and then six extra variables
are included one at the time. The convergence coefficient stays as constant as …-up: (1) the logic of the model itself, i.e., diminishing returns to the two
inputs (labour and capital), (2) technological …