Project Aid and Firm Performance
نویسندگان
چکیده
This paper evaluates the effect of development project aid from World Bank and China on firms' sales growth, using a large dataset 110864 firms, spanning 121 countries between 2001 2016. We find that, contrary to Bank, Chinese ODA projects increase, average, firm and, compared sector-specific, region-specific positively affect performance. Finally, we show that positive is stronger for firms lacking transport infrastructure (and with better electricity provision), suggesting may improve performance by releasing their constraints.
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ژورنال
عنوان ژورنال: Social Science Research Network
سال: 2021
ISSN: ['1556-5068']
DOI: https://doi.org/10.2139/ssrn.3921495