Felicitas Nowak-Lehmann D.; Martínez-Zarzoso, Inmaculada; … - Ibero-Amerika Institut für Wirtschaftsforschung (IAI), … - 2009
In this paper we investigate the relationship between per capita income and foreign aid for a panel of 131 (alternatively 52) recipient countries over the period 1960 to 2006 by employing annual data and 5-year averages. Reliance on standard panel estimation techniques, such as 2-ways FE...