Working paper 07-1 Christina Bjerg, Christian Bjørnskov and Anne Holm



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Table A1. Countries in sample 

Country Obs. 

 

Obs. 



 

Obs. 


Angola 2 

Equatorial 

Guinea 



Mozambique 



Bangladesh 6 

Eritrea 

Nepal 



Benin 6 


Ethiopia 

Niger 



Bhutan 1 

Gambia 



Rwanda 



Burkina Faso 

Guinea 


Sao Tomé and Principe 

Burundi 6 



Guinea-Bissau 

Senegal 



Cambodia 1 

Haiti 



Sierra 



Leone 

Cape Verde 



Laos 


Sudan 


Central African Republic 

Lesotho 


Tanzania 

Chad 6 


Madagascar 

Togo 



Comoros 4 

Malawi 6 

Uganda 6 

Congo, Democratic Rep. 

Mali 



Zambia 


Djibouti 1 

Mauretania 

 



 

Note: countries with more than three observations are included in both samples. 

 

 

 



 

22



 

Figure 1. Model structure 

Debt reduction 

 

Foreign aid 



Growth 

Productive 

investment 

Dutch Disease 

+

+

+



+

+

÷



+

÷

 



23


Department of Economics: 

 

Skriftserie/Working Paper: 



 

 

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