@article{Martínez-Zarzoso:331808,
      recid = {331808},
      author = {Martínez-Zarzoso, Immaculada and Nowak-Lehmann D.,  Felicitas and Klasen, Stephan and Larch, Mario},
      title = {Does German Development Aid Promote German Exports?},
      address = {2008},
      pages = {37},
      year = {2008},
      note = {Presented at the 11th Annual Conference on Global Economic  Analysis, Helsinki, Finland},
      abstract = {This paper uses a static and dynamic gravity model of  trade to investigate the link between German development  aid and exports from Germany to the recipient countries.  The findings indicate that in the long run,German aid is  associated with an increase in exports of goods that is  larger than the aid flow, with a point estimate of 140  percent of the aid given. In addition, the evolution of the  estimated coefficients over time shows an effect that is  consistently positive but which oscillates over time.  Interestingly, in the period from 2001 to 2005, a steady  increase in the effect of aid on trade can be observed  following a decrease in this phenomenon in the second half  of the nineties. The paper also distinguishes among  recipient countries and finds that the return on aid  measured by German exports is higher for aid to countries  considered “strategic aid recipients” by the German  government.},
      url = {http://ageconsearch.umn.edu/record/331808},
}