Aid, debt burden and goverment fiscal behaviour: A new model applied to Côte d'Ivoire

Arbeitspapier

This paper examines the impact of foreign aid on public sector fiscal behaviour in Côte d’Ivoire. A special interest is the relationship between aid, debt servicing and debt, given that Côte d’Ivoire is a highly indebted country. The theoretical model employed differs from those of previous studies by highlighting the interaction between debt servicing and the other fiscal variables. This model is estimated using 1975–99 time series data. Key findings are that the bulk of aid is allocated to debt servicing and that aid is associated with increases in the level of public debt.

Object Details

• ISBN: 929190449X
• Language: Englisch

References and Relationships

• Bibliographic citation: Series: WIDER Discussion Paper ; No. 2003/33

Classification and Topics

• Classification: Wirtschaft ; Multiple or Simultaneous Equation Models: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models ; Foreign Aid ; Taxation, Subsidies, and Revenue: General ; National Government Expenditures and Related Policies: General ; National Debt; Debt Management; Sovereign Debt
• Subject: Côte d’Ivoire ; foreign aid ; public sector fiscal behaviour ; taxation ; debt ; debt servicing ; Entwicklungshilfe ; Finanzpolitik ; Elfenbeinküste

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): McGillivray, Mark ; Ouattara, Banzoumana
• Event: Veröffentlichung
• (who): The United Nations University World Institute for Development Economics Research (UNU-WIDER)
• (where): Helsinki
• (when): 2003

Further information

• Handle: http://hdl.handle.net/10419/52847
• Last update: 10.03.2025, 11:45 AM CET