“...•We analyze whether foreign aid helps recipient countries to attract FDI.•Our estimation approach accounts for dependencies between aid, infrastructure, and...”

“...This paper examines the long-run effect of the level of foreign direct investment (FDI) on the level of total factor productivity (TFP) for 49 developing...”

“...We construct comprehensive and comparable indices on the most relevant components of economic infrastructure. An unobserved components model is employed to...”

“...It is widely believed that foreign aid may help conflict-affected countries to recover after the termination of conflicts. However, the available empirical...”

“...Making use of considerably improved measures of infrastructure, the study assesses the impact of infrastructure on bilateral trade for a panel of 150 developed...”

“...We address the question of whether foreign aid helps attract foreign direct investment (FDI). This could be achieved if well targeted aid removed critical...”