Arbeitspapier
The short-run macroeconomic impact of foreign aid to small states: An agnostic timeseries analysis
This study econometrically evaluates the short-run impact of aid in small developing countries (SDCs) by applying a VAR model to study aid's impact on 'absorption' (increasing import demand) and 'spending' (increased domestic demand) across countries. Whilst our approach allows parameters to vary across countries, the focus is on average country effects and differential effects within certain subgroups of countries. In particular, we find substantial differences between 'aid-dependent' SDCs and other SDCs which are more dependent on mineral resources and financial services. In the latter group, aid seems to be neither absorbed nor spent in any systematic fashion. But in the aid-dependent SDCs, aid receipts seem to be used more in the textbook 'absorb and spend' fashion.
- ISBN
-
9291909815=978-92-9190-981-0
- Sprache
-
Englisch
- Erschienen in
-
Series: WIDER Research Paper ; No. 2007/38
- Klassifikation
-
Wirtschaft
Macroeconomic Analyses of Economic Development
Fiscal and Monetary Policy in Development
Forecasting Models; Simulation Methods
- Thema
-
foreign aid
small developing countries
macroeconomic adjustment
absorption
spending
VAR models
panel data
Entwicklungshilfe
Makroökonomischer Einfluss
VAR-Modell
Entwicklungsländer
Kleines-Land-Modell
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Hansen, Henrik
Headey, Derek
- Ereignis
-
Veröffentlichung
- (wer)
-
The United Nations University World Institute for Development Economics Research (UNU-WIDER)
- (wo)
-
Helsinki
- (wann)
-
2007
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Hansen, Henrik
- Headey, Derek
- The United Nations University World Institute for Development Economics Research (UNU-WIDER)
Entstanden
- 2007
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