We use panel data on seventy-four developing countries for the period 1980–2007 to examine the effects of aid unpredictability and migrants’ remittances on fiscal consolidation in these countries. Two definitions of fiscal adjustment are considered and a conditional logit model is used to...

This paper contributes to the established literature both on the side of fiscal consolidation (for e.g. Alesina and Perotti 1995; Alesina et al. 2010) and that of aid supplies (for e.g. Mosley 1985; Faini, 2006) by investigating the effects of fiscal episodes in OECD donor countries on their aid effort...

In this paper, we employ the discrete-time duration model to examine whether expansion and contraction phases of government revenue exhibit duration dependence. We hence use an unbalanced panel data of public revenue on 68 developing countries over the period 1980-2009. The analysis also covers...

This paper relies on the ‘institutional debt rule’ implemented in Franc Zone countries to assess whether the structural vulnerability of these countries matter for their probability to enter into excessive indebtedness. This structural vulnerability is measured by retrospective ‘Economic...

In this study, we examine the effect of structural economic vulnerability of developing countries on their public indebtedness. We perform our econometric analysis by relying on 96 developing countries over the period 1980-2008. The results suggest evidence of a “U-shaped” relationship...

This paper uses the measure of trade openness proposed by Squalli and Kenneth (2011) to investigate how it affects the Least Developed Countries' structural economic vulnerability. The latter is quantified by the EVI indicator developed by the United Nations Commission for Development Policy....

Purpose: This study investigates empirically the impact of export product concentration (or diversification) on social protection expenditure in both developed and developing countries. The analysis further explores whether this effect depends on countries' degree of openness to international...

Purpose: This study aims to use a quantitative measure of trade policy space to investigate empirically whether trade policy space influences foreign direct investment (FDI) flows to countries. Design/methodology/approach: The empirical analysis covers an unbalanced panel data set of 158...

Purpose: This paper aims to investigate empirically how international tourism receipts influence public revenue, in particular non-resource revenue. Design/methodology/approach: The analysis relies on an unbalanced panel of 156 countries (including both developed and developing countries) over...