Reforming the Investment Climate Lessons for Practitioners /
Kikeri, Sunita
Reforming the Investment Climate Lessons for Practitioners / Sunita Kikeri; Thomas Kenyon and Vincent Palmade - Washington, D.C. : World Bank, 2006 - 46 p. : ill. ; 23 cm. - Policy research working paper ; 3986 .
Title from PDF file as viewed on 8/21/2006.
Includes bibliographical references.
"Aid is expected to promote better living standards by raising investment and growth. But aid may also affect institutions directly. In theory, these effects may or may not work in the same direction as those on investment. The authors examine the effect of aid on economic institutions and find that aid has neither a positive nor a negative impact on existing measures of economic institutions. They find the results using pooled data for non-overlapping five-year periods, confirmed by pooled annual regressions for a large panel of countries and by pure cross-section regressions. The authors explicitly allow for time invariant effects that are country specific and find the results to be robust to model specifications, estimation methods, and different data sets. "--World Bank web site.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.
2006618439
Investments
Social policy
HG3881.5.W57
332.6 / KIR 2006
Reforming the Investment Climate Lessons for Practitioners / Sunita Kikeri; Thomas Kenyon and Vincent Palmade - Washington, D.C. : World Bank, 2006 - 46 p. : ill. ; 23 cm. - Policy research working paper ; 3986 .
Title from PDF file as viewed on 8/21/2006.
Includes bibliographical references.
"Aid is expected to promote better living standards by raising investment and growth. But aid may also affect institutions directly. In theory, these effects may or may not work in the same direction as those on investment. The authors examine the effect of aid on economic institutions and find that aid has neither a positive nor a negative impact on existing measures of economic institutions. They find the results using pooled data for non-overlapping five-year periods, confirmed by pooled annual regressions for a large panel of countries and by pure cross-section regressions. The authors explicitly allow for time invariant effects that are country specific and find the results to be robust to model specifications, estimation methods, and different data sets. "--World Bank web site.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.
2006618439
Investments
Social policy
HG3881.5.W57
332.6 / KIR 2006