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Foreign aid, poor data, and the fragility of macroeconomic inference
Roger, Lionel - 2015
The link between foreign aid and economic growth remains a controversial issue in the literature, and a large share of the disagreement could be explained by differences in the data employed. Using GDP data from three different versions of the Penn World Table and the World Development...
Persistent link: https://www.econbiz.de/10011375893
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The long-run effect of aid on domestic output
Herzer, Dierk (contributor); Morrissey, Oliver (contributor) - 2009
This paper makes two main contributions. First, we examine the long-run effect of foreign aid on domestic output for 59 developing countries using heterogeneous panel cointegration techniques to control for omitted variable and endogeneity bias to detect possible cross-country differences in the...
Persistent link: https://www.econbiz.de/10003867812
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Macroeconomic management on becoming an African oil exporter
Morrissey, Oliver; Spreng, Lars - 2020
This paper provides analysis of the macroeconomic management implications of becoming an exporter of oil, taking the case of Ghana and applying to Uganda as a prospective exporter. The paper proceeds in two steps. First, we construct a Dynamic Stochastic General Equilibrium (DSGE) model of a...
Persistent link: https://www.econbiz.de/10012177185
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Do elites benefit from democracy and foreign aid in developing countries? : comment
Hansen, Henrik; Rants, Louise Lund; Buhl-Wiggers, Julie - 2009
In the study "Do elites benefit from democracy and foreign aid in developing countries" (Journal of Development Economics, 2009) Bjørnskov asks if political elites benefit from foreign aid relative to the rest of the population. He concludes that his results provide qualified support for the...
Persistent link: https://www.econbiz.de/10003904282
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Aid absorption and spending in Africa : a panel cointegration approach
Martins, Pedro M. G. - 2010
This paper focuses on the macroeconomic management of large inflows of foreign aid. It investigates the extent to which African countries have coordinated fiscal and macroeconomic responses to aid surges. In practice, we construct a panel dataset to investigate the level of aid 'absorption' and...
Persistent link: https://www.econbiz.de/10008903097
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25 years of aid allocation practice : comparing donors and eras
Clist, Paul - 2009
Focusing on seven bilateral donors over a 25 year period, the paper answers 4 questions related to aid allocation practice. Questions one and two examine allocation differences between donors and time periods. Questions three and four relate to changes in poverty and policy selectivity. To...
Persistent link: https://www.econbiz.de/10003956261
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Aid, taxes and government spending : a heterogeneous, cointegrated panel analysis
Tagem, Abrams M. E. - 2017
A substantial amount of aid to developing countries is given to the government, or goes through the budget, meaning it should have an impact on government fiscal behaviour (particularly on government spending). The few existing cross-country empirical studies on the effects of aid on government...
Persistent link: https://www.econbiz.de/10011596237
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Selectivity on aid modality : determinants of budget support from multilateral donors
Clist, Paul; Isopi, Alessia; Morrissey, Oliver - 2011
Since the late 1990s a selection on policy approach to aid was advocated such that more aid should be allocated to countries with good policies. A number of donors accepted this recommendation, including the World Bank, but there is little evidence that this has occurred. Donors, including the...
Persistent link: https://www.econbiz.de/10008932974
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Effect of conflict on dietary energy supply : evidence from Cote d'Ivoire
Dabalen, Andrew L.; Paul, Saumik - 2012
In this paper we estimate the causal effects of conflict on dietary energy supply in Côte d'Ivoire. To identify the … true impact of conflict, we use prewar and post-war household data bracketing the conflict period and the spatial variation … in the prevalence of conflict between the North and South regions. Our second identification strategy uses the specific …
Persistent link: https://www.econbiz.de/10009738533
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Military spending, armed conflict and economic growth in developing countries in the post-cold war ara
Aziz, M. Nusrate; Asadullah, Mohammad Niaz - 2016
military spending on growth conditional upon conflict exposure is positive and significant across all specifications, albeit … the result is specific to internal instead of external conflict. …
Persistent link: https://www.econbiz.de/10011474478