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An empirical investigation of foreign financial assistance inflows and its fungibility analyses: Evidence from Bangladesh
Murshed, Muntasir - In: Economies 7 (2019) 3, pp. 1-25
The external financing of fiscal deficit is key to bridging public revenue shortfalls within developing economies. However, the public expenditure responses to the incoming foreign financial assistances, as documented in the existing literature, depict ambiguity with respect to the nature of the...
Persistent link: https://www.econbiz.de/10013199607
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The Causal Links between Aid and Government Expenditures
Marc, Lukasz - 2014
The most recent literature on aid effectiveness finds a positive effect of aid on growth. To the extent that aid goes through the budget, this either reflects an aid-financed increase in government expenditures (quantity effect) or an improvement in the use of government resources as a result of...
Persistent link: https://www.econbiz.de/10010377182
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Aid and government fiscal behaviour: What does the evidence say?
Morrissey, Oliver - 2012
Donors are concerned about how their aid is used, especially how it affects fiscal behaviour by recipient governments. This study reviews the recent evidence on the effects of aid on government spending and tax effort in recipient countries, concluding with a discussion of when (general) budget...
Persistent link: https://www.econbiz.de/10010319872
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Fungibility and the choice of aid modalities: The red herring revisited
Leiderer, Stefan - 2012
risks due to the fungibility of budgetary funds. A more recently proposed form of aid is in the form of results-based aid or … equivalent with regard to fungibility and fiduciary risks. The paper proceeds to demonstrate that as long as donors can rely on …
Persistent link: https://www.econbiz.de/10010319900
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New evidence on fungibility at the aggregate level
Marć, Łukasz - 2012
Persistent link: https://www.econbiz.de/10009723004
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The causal links between aid and government expenditures
Marć, Łukasz - 2014
The most recent literature on aid effectiveness finds a positive effect of aid on growth. To the extent that aid goes through the budget, this either reflects an aid-financed increase in government expenditures (quantity effect) or an improvement in the use of government resources as a result of...
Persistent link: https://www.econbiz.de/10010231655
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The impact of aid on total government expenditures : new evidence on fungibility
Marć, Łukasz - 2015
budget. This study makes three contributions to both fungibility and fiscal response literature. First, fungibility at the …-fungible and on-budget aid is partly fungible. Third, fungibility of bilateral and multilateral aid is analysed: the results … indicate lower fungibility of multilateral aid. …
Persistent link: https://www.econbiz.de/10010465440
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Chinese aid and health at the country and local level
Cruzatti, John; Dreher, Axel; Matzat, Johannes - 2020
We investigate whether and to what extent Chinese development finance affects infant mortality, combining 92 demographic and health surveys (DHS) for a maximum of 53 countries and almost 55,000 sub-national locations over the 2002-2014 period. We address causality by instrumenting aid with a set...
Persistent link: https://www.econbiz.de/10012226847
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An empirical investigation of foreign financial assistance inflows and its fungibility analyses : evidence from Bangladesh
Murshed, Muntasir - In: Economies : open access journal 7 (2019) 3/95, pp. 1-25
The external financing of fiscal deficit is key to bridging public revenue shortfalls within developing economies. However, the public expenditure responses to the incoming foreign financial assistances, as documented in the existing literature, depict ambiguity with respect to the nature of the...
Persistent link: https://www.econbiz.de/10012132036
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The fungibility of health aid reconsidered
Sijpe, Nicolas Van de - Centre for the Study of African Economies (CSAE), … - 2013
of foreign aid fungibility. It does so by re-evaluating the results of a recent, influential paper which concluded that … fungibility of health aid is much more uncertain than at first blush appears. Under plausible assumptions about the role of off …-budget aid, the conclusion of full fungibility is overturned and at most only a limited degree of fungibility is found. …
Persistent link: https://www.econbiz.de/10010877265