Aid for trade and international transactions in goods and services

摘要: The empirical literature on aid for trade (AfT) mainly considers its effects merchandise and investment. In this paper, we provide an in‐depth analysis of the relationship between AfT in services using both aggregate bilateral data. We find a statistically weak effect goods our once account endogeneity AfT–trade relationship. contrast, suggests that AfT, particular allocated to activities, especially economic infrastructure, has positive recipients’ exports donor countries. This novel finding is robust across different lag structures provides evidence complementarities trade.