01618cas a2200253 a 4500 AALejournalIMF005833 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451872651 1018-5941 BD-DhAAL BD-DhAAL Reddy, Sanjay. Development Aid and Economic Growth : A Positive Long-Run Relation / Sanjay Reddy, Camelia Minoiu. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (32 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students We analyze the growth impact of official development assistance to developing countries. Our approach is different from that of previous studies in two major ways. First, we disentangle the effects of two kinds of aid: developmental and non-developmental. Second, our specifications allow for the effect of aid on economic growth to occur over long periods. Our results indicate that developmental aid promotes long-run growth. The effect is significant, large and robust to different specifications and estimation techniques. Mode of access: Internet Minoiu, Camelia. IMF Working Papers; Working Paper ; No. 2009/118 Full text available on IMF http://elibrary.imf.org/view/journals/001/2009/118/001.2009.issue-118-en.xml IMF e-Library