A vast literature evaluates the effectiveness of development aid, often reaching sobering
conclusions. We argue that a key shortcoming of this literature is the focus on a narrow …

Abstract This Special Issue explores macroeconomic effects of aid from various perspectives
through a blend of studies, both conceptual and empirical in nature. The overall aim is to …

We investigate the influence of public R&D subsidies on a firm's likelihood to form
technological collaborations. Using signaling theory, we conceptualize the award of a …

We investigate the effects of short-term political motivations on the effectiveness of foreign
aid. Specifically, we test whether the effect of aid on economic growth is reduced by the …

This paper analyzes whether foreign direct investment (FDI) has contributed to the wide
income gaps in L atin A merica. Panel cointegration techniques as well as regression …

This paper examines the long-run effect of foreign aid on income inequality for 21 recipient
countries using panel cointegration techniques to control for omitted variable and …

Abstract The Sustainable Development Goals have refocused attention on ways of providing
external finance to support development. Because they have different motivations and work …

By making use of a recently released dataset that covers a large number of manufacturing
firms over the period 2000–2005, this paper examines the impact of foreign direct …

In recent years, academic studies have been converging towards the view that foreign aid
promotes aggregate economic growth. We employ a simulation approach to:(i) validate the …

This study aims to explain the role of economic freedom in attracting foreign investments and
thus raising the level of economic growth. Through a study based on a sample composed of …