Nowak-Lehmann D., Felicitas; Martínez-Zarzoso, Inmaculada - Verein für Socialpolitik, Ausschuss für … - 2009
In this paper we investigate the relationship between per capita income and foreign aid for a panel of131 … that aid has an insignificant or a minute negative significant impact on per capita income. This result holds for countries … erroneously attributes to aid a larger, significant negative impact on per capita income. We also find that aid has a significant …