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We evaluate the impact of firm-specific export subsidies on exports in Colombia. Using a two-stage Heckman selection procedure, we obtain firm-specific predicted subsidy amounts that can be explained by the characteristics that determine the firms' eligibility for the government support and its...
Persistent link: https://www.econbiz.de/10003794260
In a report presented at the UN Conference on Financing for Development in March 2002, the World Bank claims that the … policies. However, the World Bank's success story rests on an extremely weak foundation: First, the institution's contribution … the distribution of World Bank financing. Second, the picture portrayed in the report takes a bad turn if only two …
Persistent link: https://www.econbiz.de/10011495588
We analyze the aid portfolio of various bilateral and multilateral donors, testing whether they have prioritised aid in line with the Millennium Development Goals (MDGs). In doing so, we combine sectorally disaggregated aid data with indicators reflecting the situation of recipient countries...
Persistent link: https://www.econbiz.de/10003247640
This article investigates the statistical and economic implications of adaptive forecasting of exchange rates with panel data and alternative predictors. The candidate exchange rate predictors are drawn from (i) macroeconomic ‘fundamentals’, (ii) return/volatility of asset markets and (iii)...
Persistent link: https://www.econbiz.de/10008696798
enrolment. This result is robust to the method of estimation, employing instruments to control for the endogeneity of aid, and …
Persistent link: https://www.econbiz.de/10003360599
The article criticizes the World Bank as overy optimistic concerning its ability to raise the effectiveness of aid by …
Persistent link: https://www.econbiz.de/10011495613
This paper analyzes whether and to what extent non-governmental organizations (NGOs) outperform official donors by allocating aid in a way that renders effective poverty alleviation more likely. We employ Probit and Tobit models and make use of an exceptionally detailed database that allows an...
Persistent link: https://www.econbiz.de/10003550458
Bolivia's macroeconomic performance in the period 1994 to 1998 is analyzed and compared with the performance in former periods and the performance of other developing countries (grouped according to income, region, and debt status). This allows to assess what has been achieved in Bolivia since...
Persistent link: https://www.econbiz.de/10011490648
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Persistent link: https://www.econbiz.de/10001936999