Nowak-Lehmann D., Felicitas; Martínez-Zarzoso, Inmaculada - 2009
payments received from developing countries on outstanding aid
loans, which are now treated as capital outflows just as … with strong positive
trends for most developing countries since 1960 (they are non-stationary series, I(1)). The … countries with a high aid-to-GDP ratio and an insignificant impact in
those developing countries that have a low aid …