Arbeitspapier
Aid, infrastructure, and FDI: Assessing the transmission channel with a new index of infrastructure
We raise the hypothesis that aid specifically targeted at economic infrastructure helps developing countries attract higher FDI inflows through improving their endowment with infrastructure in transportation, communication, energy and finance. By performing 3SLS estimations we explicitly account for dependencies between three structural equations on the allocation of sector-specific aid, the determinants of infrastructure, and the determinants of FDI. We find fairly strong and robust evidence that targeted aid promotes FDI indirectly through the infrastructure channel. In addition, aid in infrastructure appears to have surprisingly strong direct effects on FDI.
- Sprache
-
Englisch
- Erschienen in
-
Series: Kiel Working Paper ; No. 1954
- Klassifikation
-
Wirtschaft
International Investment; Long-term Capital Movements
Foreign Aid
Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
- Thema
-
aid effectiveness
sector-specific aid
foreign direct investment
infrastructure
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Donaubauer, Julian
Meyer, Birgit
Nunnenkamp, Peter
- Ereignis
-
Veröffentlichung
- (wer)
-
Kiel Institute for the World Economy (IfW)
- (wo)
-
Kiel
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Donaubauer, Julian
- Meyer, Birgit
- Nunnenkamp, Peter
- Kiel Institute for the World Economy (IfW)
Entstanden
- 2014
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