Foreign aid and export performance
Subtitle: a panel data analysis of developing countries
By: byJonathan Munemo, Subhayu Bandyopadhyay, and Arabinda Basistha
Contributors: Bandyopadhyay, Subhayu; Basistha, Arabinda; Federal Reserve Bank of St. Louis
Series: Working paper -- 2007-023A; Working paper (Federal Reserve Bank of St. Louis : Online) -- 2007-023A.
Publisher: Federal Reserve Bank of St. Louis
Published: 2007
Place of publication: St. Louis, Mo.]
Language: eng
Format: [electronic resource] :
Description: "The effect of foreign aid on economic activity of a country can be dampened due to potentially adverse effects on exports through a real exchange rate appreciation.  In this study we examine the long-term relationship between export performance and foreign aid in developing countries while accounting for other factors.  The estimates of direct effect of foreign aid on exports are imprecise.  However, the effect of the quadratic term of foreign aid on exports is negative and precise.  This implies large amount of foreign aid does adversely affect export performance.  The results are robust to the use of two different export performance measures and different sub-samples"--Federal Reserve Bank of St. Louis web site.
Notes: Title from PDF file as viewed on 7/23/2007.

Includes bibliographical references.

Also available in print.

System requirements: Adobe Acrobat Reader.

Mode of access: World Wide Web.