Mishra, Tapas; Ouattara, Bazoumana; Parhi, Mamata - In: Economics Bulletin 32 (2012) 2, pp. 1385-1403
This paper investigates the factors explaining aid allocation by bilateral and multilateral donors. We use data for 146 aid recipient countries over the period 1990-2007 and employ Bayesian Averaging of Classical Estimates Approach (BACE) approach and find that both the recipient need and donor...