What We Miss By Missing Data: Aid Effectiveness Revisited

Author(s)
Katharina Wick, Anja Breitwieser
Abstract

Missing data is an issue in many empirical applications, as it may entail efficiency losses as well as biased results. We address these problems within the literature that investigates the effect of foreign aid on welfare. Using multiple imputation techniques to account for the missing data, we find lower aid effectiveness. In addition, imputation allows for comparison of different welfare indicators within the same framework. We find that the respective indicator choice can matter for the ensuing results.

Organisation(s)
Department of Economics
Journal
World Development
Volume
78
Pages
554-571
ISSN
0305-750X
DOI
https://doi.org/10.1016/j.worlddev.2015.10.006
Publication date
02-2016
Peer reviewed
Yes
Austrian Fields of Science 2012
Development economics
Keywords
Portal url
https://ucris.univie.ac.at/portal/en/publications/what-we-miss-by-missing-data-aid-effectiveness-revisited(1d02250b-7baf-43c6-a81b-525a8413fbf9).html