Mascagni, Giulia; Timmis, Emilija - Centre for Research in Economic Development and …
This paper explores the fiscal effects of aid in Ethiopia, using national data from 1960 to 2009, which is a longer … following variables: aid grants, aid loans, tax revenue, non-tax revenue, and public expenditure. We also estimate an … between capital expenditure and grants; and both grants and loans are positively related to tax revenue, both in the long and …