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Pablo Selaya

The Bounty of the Sea and Long-Run Development

ABTRACT What is the long run impact on development from differences in subsistence strategies during pre-industrial times? Whereas this question has been explored from the point of view of agriculture, remarkably little attention has been paid to the complementary strategy of relying on marine resources. As a step towards closing …

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To aid or not to aid: Foreign aid and productivity in cross-country regressions.

ABSTRACT: The paper reexamines empirically the robustness of competing theories of foreign aid effectiveness. By shifting the focus from the effects of aid on income to effects of aid on productivity, it is possible to put to test 3 existing theories of foreign aid effectiveness. The results provide support for …

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