Showing 1 - 10 of 1,430
We explore whether foreign aid affects developing countries' creditworthiness, as proxied by the Institutional Investor … current aid reduces the likelihood of future default. We then test this hypothesis, using a data set that covers a large … number of developing countries in the 1980s and 1990s. While the size of the effect differs across types of aid and country …
Persistent link: https://www.econbiz.de/10011397590
Does official aid pave the road for private foreign investment or does it suffocate private initiative by diverting … marginal effect of aid on private foreign investment is close to zero. Surprisingly, however, the effect is strictly positive …
Persistent link: https://www.econbiz.de/10011397707
The available evidence on the effects of aid on growth is notoriously mixed. We use a novel empirical methodology, a …, imports, and per capita GDP growth to a global aid shock (the common component of individual country aid-to-GDP ratios). We … find that the estimated cumulative resposive of exports and per capita GDP growth to a global aid shock are strongly …
Persistent link: https://www.econbiz.de/10010247921
This paper employs a cointegrated vector autoregressive model to assess the growth effect of aid in Uganda over the … period 1972-2008. Results show that aid in Uganda has had both direct and indirect beneficial association with growth; that … of policy, it is crucial to strengthen fiscal response to aid receipts and ensure aid funded projects are closely …
Persistent link: https://www.econbiz.de/10010187179
We examine aid-induced Dutch Disease - after controlling for the effects of remittances and FDI flows - in the context … aggregated annual data over the period 1980-2009. Aid causes real exchange rate appreciation in the case of Morocco, especially … either country. We discuss the policy implications of the main results: aid and other types of foreign exchange inflow have …
Persistent link: https://www.econbiz.de/10010210682
A substantial amount of aid to developing countries is given to the government, or goes through the budget, meaning it …-country empirical studies on the effects of aid on government spending neglect time series properties, cross-country (recipient …) heterogeneity and the potential for cross-country correlation. This paper examines the impact of foreign aid and taxes on government …
Persistent link: https://www.econbiz.de/10011596237
The main argument of this paper is that there is considerable heterogeneity in the way aid can shape tax performance in … Group estimator to a dataset comprising 84 developing countries from 1980 to 2013. The following results ensued: aid and … taxes comprise an equilibrium relation, with a positive long-run association between aid and taxes; causality runs from aid …
Persistent link: https://www.econbiz.de/10011777119
official development aid and Swiss exports for a panel of 50 recipient countries over the period 1974-2013. To account for … according to the relative amount of aid, respectively exports, Switzerland has exchanged with a given recipient country across … causality in all panels except for the "African" one where Granger causality seems to run only from exports to bilateral aid …
Persistent link: https://www.econbiz.de/10011749345
Foreign aid is an important means of finance for governments of developing countries. The current study investigates … whether too much inflow of aid to developing countries is beneficial or harmful to their economy and whether institutional … quality and economic freedom matters in aid–growth relationship. To this base, a panel data covering the period 2002-2019 was …
Persistent link: https://www.econbiz.de/10013460262
A substantial amount of aid to developing countries is given to the government, or goes through the budget, meaning it … studies on the effects of aid on government spending neglect variable time-series properties, cross-country (recipient …) heterogeneity, and the potential for cross-country correlation. This paper examines the impact of foreign aid and taxes on …
Persistent link: https://www.econbiz.de/10013380683