New Data, New Doubts: A Comment on Burnside and Dollar's 'Aid, Policies, and Growth' (2000)

Posted: 1 Oct 2003

See all articles by William Easterly

William Easterly

New York University - Department of Economics

Ross Levine

Stanford University; National Bureau of Economic Research (NBER)

David Roodman

Open Philanthropy

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Abstract

The Burnside and Dollar (2000) finding that aid raises growth in a good policy environment has had an important influence on policy and academic debates. We conduct a data gathering exercise that updates their data from 1970-93 to 1970-97, as well as filling in missing data for the original period 1970-93. We find that the BD finding is not robust to the use of this additional data.

Keywords: foreign aid, growth, policy

JEL Classification: F350, O230, O400

Suggested Citation

Easterly, William and Levine, Ross and Roodman, David, New Data, New Doubts: A Comment on Burnside and Dollar's 'Aid, Policies, and Growth' (2000). Available at SSRN: https://ssrn.com/abstract=440062

William Easterly (Contact Author)

New York University - Department of Economics ( email )

269 Mercer Street
New York, NY 10003
United States

Ross Levine

Stanford University ( email )

Stanford, CA 94305
United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

David Roodman

Open Philanthropy ( email )

182 Howard Street #225
San Francisco, CA 94105
United States

HOME PAGE: http://openphilanthropy.org

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