TABLE 4.
Aid project effectiveness, the Pacific dummy, and added variables
| Pacific | Governance | Freedom | Growth | GDP | Remote | Pop | |
|---|---|---|---|---|---|---|---|
| Pacific | −0.15** | −0.23*** | −0.18*** | −0.16** | −0.14** | −0.07 | 0.02 |
| (0.06) | (0.06) | (0.06) | (0.06) | (0.06) | (0.07) | (0.07) | |
| Governance (initial) | 0.14*** | 0.31*** | 0.30*** | 0.27*** | 0.28*** | 0.29*** | |
| (0.03) | (0.04) | (0.04) | (0.04) | (0.04) | (0.04) | ||
| Freedom (initial) | −0.04*** | −0.04*** | −0.04*** | −0.03*** | −0.03*** | ||
| (0.01) | (0.01) | (0.01) | (0.01) | (0.01) | |||
| Growth (initial) | 0.01** | 0.01** | 0.01** | 0.01** | |||
| (0.00) | (0.00) | (0.00) | (0.00) | ||||
| GDP per capita (initial; ln) | 0.04** | 0.03 | 0.02 | ||||
| (0.02) | (0.02) | (0.02) | |||||
| Remoteness | −0.03*** | −0.04*** | |||||
| (0.01) | (0.01) | ||||||
| Population | 0.02*** | ||||||
| (0.01) | |||||||
| Donor FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Completion FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Sector FE | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Size control | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Duration control | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| R2 | 0.12 | 0.13 | 0.13 | 0.14 | 0.14 | 0.14 | 0.14 |
| N | 8062 | 8062 | 8062 | 8062 | 8062 | 8062 | 8062 |
Estimates come from OLS regressions with clustered standard errors in parentheses. The unit of analysis is the individual project. The dependent variable is the project effectiveness score. Project traits are controlled for in all models. Donor and completion year fixed effects are included in all models. *p < 0.10, **p < 0.05, ***p < 0.01.