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Aid and growth: Evidence using firm-level data

hal.structure.identifierInstitut de Recherche pour le Développement (IRD)
hal.structure.identifierLaboratoire d'Economie de Dauphine [LEDa]
hal.structure.identifierCentre d'Études et de Recherches sur le Développement International [CERDI]
dc.contributor.authorChauvet, Lisa
hal.structure.identifierCentre d'Études et de Recherches sur le Développement International [CERDI]
hal.structure.identifierBanque de France
hal.structure.identifierCentre de recherche de la Banque de France
dc.contributor.authorEhrhart, Hélène
dc.date.accessioned2019-09-03T13:52:17Z
dc.date.available2019-09-03T13:52:17Z
dc.date.issued2018
dc.identifier.issn0304-3878
dc.identifier.urihttps://basepub.dauphine.fr/handle/123456789/19650
dc.language.isoenen
dc.subjectForeign aiden
dc.subjectFirm growthen
dc.subjectInfrastructure constrainten
dc.subjectFinancing constrainten
dc.subject.ddc338.9en
dc.subject.classificationjelO.O5.O50en
dc.subject.classificationjelO.O1.O16en
dc.subject.classificationjelF.F3.F35en
dc.titleAid and growth: Evidence using firm-level dataen
dc.typeArticle accepté pour publication ou publié
dc.description.abstractenThis paper explores the impact of foreign aid on firm growth for a panel of 4355 firms in 29 developing countries, 11 of which are in Africa. Using the World Bank Enterprise Surveys data and controlling for firm fixed effects, we find a positive impact of foreign aid on firms' sales growth. This result is robust to several checks, notably to the instrumentation of aid and to estimations on various sub-samples and on an extended cross-section sample of 93 countries. We then provide evidence that the positive effect of aid is especially strong for firms operating in sectors that are intensive in infrastructure and external finance, suggesting that aid may improve firm performance through the alleviation of infrastructure and financing constraints in developing countries.en
dc.relation.isversionofjnlnameJournal of Development Economics
dc.relation.isversionofjnlvol135en
dc.relation.isversionofjnldate2018
dc.relation.isversionofjnlpages461-477en
dc.relation.isversionofdoi10.1016/j.jdeveco.2018.07.010en
dc.relation.isversionofjnlpublisherElsevieren
dc.subject.ddclabelCroissance et développement économiquesen
dc.relation.forthcomingnonen
dc.relation.forthcomingprintnonen
dc.description.ssrncandidatenonen
dc.description.halcandidateouien
dc.description.readershiprechercheen
dc.description.audienceInternationalen
dc.relation.Isversionofjnlpeerreviewedouien
dc.relation.Isversionofjnlpeerreviewedouien
dc.date.updated2019-08-30T08:13:33Z
hal.identifierhal-02277468*
hal.version1*
hal.author.functionaut
hal.author.functionaut


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