کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5068498 1476912 2009 16 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
The allocation of volatile aid and economic growth: Theory and evidence
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
The allocation of volatile aid and economic growth: Theory and evidence
چکیده انگلیسی

We analyse, both theoretically and empirically, the growth effects associated with two components of volatile foreign financial assistance: 'directly productive' (or 'tied') aid and 'pure' aid. We find that scenarios in which aid can hurt the recipient's growth rate emerge only in cases where foreign aid is volatile. As a result, we conclude that it is only in conjunction with the presence of aid variability that aid allocation determines whether foreign aid hurts or promotes long-run growth.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: European Journal of Political Economy - Volume 25, Issue 4, December 2009, Pages 447-462
نویسندگان
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