Arbeitspapier

Aid effectiveness: Politics matters

The literature on aid effectiveness has focused more on recipient policies than the determinants of aid allocation yet a consistent result is that political allies obtain more aid from donors than non-allies. This paper shows that aid allocated to political allies is ineffective for growth, whereas aid extended to countries that are not allies is highly effective. The result appears to be robust across different specifications and estimation techniques. In particular, new methods are employed to control for endogeneity. The paper suggests that aid allocation should be scrutinized carefully to make aid as effective as possible.

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 601

Klassifikation
Wirtschaft
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Thema
Aid impact
Economic growth
Instrumental Variables
Generalized method of moments
Panel data

Ereignis
Geistige Schöpfung
(wer)
Bobba, Matteo
Powell, Andrew
Ereignis
Veröffentlichung
(wer)
Inter-American Development Bank, Research Department
(wo)
Washington, DC
(wann)
2007

Handle
Letzte Aktualisierung
20.09.2024, 08:20 MESZ

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.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Bobba, Matteo
  • Powell, Andrew
  • Inter-American Development Bank, Research Department

Entstanden

  • 2007

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