in Journal of African Economies
January 2012; p ublished online September 2011 .
Journal Article. Subjects: Economic Development; Single Equation Models; Single Variables; Macroeconomic Aspects of International Trade and Finance; International Finance. 8884 words.
We test the hypothesis that the effect of foreign aid on economic growth is positive in ethnically homogenous countries, but decreasing in ethnic fractionalisation. Using panel data...