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An important feature of aid to developing countries is that it is given to the government. As a result aid has the potential to affect budgetary behaviour. Although the (albeit limited) aid-growth literature has addressed the effect of aid on policy, it has tended to neglect the effect of aid on...
Persistent link: https://www.econbiz.de/10010295493
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An important feature of aid to developing countries is that it is given to the government. As a result, aid should be expected to affect fiscal behaviour, although theory and existing evidence is ambiguous regarding the nature of these effects. This paper applies techniques developed in the...
Persistent link: https://www.econbiz.de/10010284793
An important feature of aid to developing countries is that it is given to the government. As a result, aid should be expected to affect fiscal behaviour. Traditional approaches to modelling fiscal effects are beset by theoretical and empirical problems. This paper applies techniques developed...
Persistent link: https://www.econbiz.de/10011532465
It is common practice in empirical development macroeconomics to use cross-country samples for econometric analyses. One issue that is rarely addressed in this literature is the appropriateness of pooling when panels are used. In particular, does it matter to the results if the countries exhibit...
Persistent link: https://www.econbiz.de/10011532838
This paper demonstrates that an empirical link between aid and trade exist (for some donor-recipient pairs), but that the nature of this linkage is complex and can take a variety of forms. By identifying this complexity (and variability) we challenge the assertion, often made in debates...
Persistent link: https://www.econbiz.de/10011535220
Persistent link: https://www.econbiz.de/10003129245
An important feature of aid to developing countries is that it is given to the government. As a result aid has the potential to affect budgetary behaviour. Although the (albeit limited) aid-growth literature has addressed the effect of aid on policy, it has tended to neglect the effect of aid on...
Persistent link: https://www.econbiz.de/10010957411
An important feature of aid to developing countries is that it is given to the government. As a result, aid should be expected to affect fiscal behaviour. Traditional approaches to modelling fiscal effects are beset by theoretical and empirical problems. This paper applies techniques developed...
Persistent link: https://www.econbiz.de/10014075021