Arbeitspapier
Foreign aid, public sector and private consumption in Uganda: A cointegrated vector autoregressive approach
This paper employs a cointegrated vector autoregressive model to assess the growth effect of aid in Uganda over the period 1972-2008. Results show that aid in Uganda has had both direct and indirect beneficial association with growth; that it is the productivity and not the stead state level of investment that contributes to achieving target growth rates; and that consumption spending is more beneficial to growth because it contributes to private incomes and consumption. In terms of policy, it is crucial to strengthen fiscal response to aid receipts and ensure aid funded projects are closely monitored and contract specifications are strictly enforced. Moreover, donors need to accept the politically unpalatable fact that aid has an important role in supporting consumption spending.
- Language
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Englisch
- Bibliographic citation
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Series: WIDER Working Paper ; No. 2013/094
- Classification
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Wirtschaft
Multiple or Simultaneous Equation Models: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
Foreign Aid
Macroeconomic Analyses of Economic Development
- Subject
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aid
domestic fiscal variables
private sector growth
political and economic instability
ESAP
Uganda
- Event
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Geistige Schöpfung
- (who)
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Bwire, Thomas
Morrissey, Oliver
Lloyd, Tim
- Event
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Veröffentlichung
- (who)
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The United Nations University World Institute for Development Economics Research (UNU-WIDER)
- (where)
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Helsinki
- (when)
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2013
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Bwire, Thomas
- Morrissey, Oliver
- Lloyd, Tim
- The United Nations University World Institute for Development Economics Research (UNU-WIDER)
Time of origin
- 2013