期刊
JOURNAL OF DEVELOPMENT ECONOMICS
卷 134, 期 -, 页码 50-67出版社
ELSEVIER
DOI: 10.1016/j.jdeveco.2018.05.001
关键词
Official development assistance; Aid impact; Regional economic growth and development; Satellite nighttime luminosity; Spatial panel VAR
类别
资金
- AidData [CCN 0402-82221-21-0000]
We develop a measurement strategy for the impact of foreign aid based on a regional spatial panel vector-autoregressive model (Sp P-VAR). We illustrate the strategy using Ugandan districts. Data for the regional units (ADM2) is assembled combining satellite sources for socio-economic activity, geo-located aid disbursements, and traditional household surveys. We find statistically significant positive and persistent effects of aid shocks on nighttime luminosity. Mapping nightlights to economic activity, the results suggest that the economic magnitude of these effects is small, but significant with a multiplier between 4 and 5 in the long-run. The VAR addresses endogeneity concerns associated with non-random aid assignment.
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