Munich Personal RePEc Archive

Foreign Aid and Corruption: Clarifying Murky Empirical Conclusions

Efobi, Uchenna and Beecroft, Ibukun and Asongu, Simplice A (2014): Foreign Aid and Corruption: Clarifying Murky Empirical Conclusions.

[thumbnail of MPRA_paper_63795.pdf]

Download (272kB) | Preview


This note reconciles an on-going debate on the effect of foreign aid on corruption by introducing a previously missing heterogeneity dimension of aid. The relationship was estimated using dynamic system GMM and quantile regressions (QR). Results show that both narratives in the debate are correct, contingent on the type of development assistance. The QR results are robust to endogeneity when the independent variables of interest are instrumented with their first-lags.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.