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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP9904 |
DP9904 Geopolitics, Aid and Growth | |
Axel Dreher; Vera Eichenauer | |
发表日期 | 2014-03-23 |
出版年 | 2014 |
语种 | 英语 |
摘要 | We investigate the effects of short-term political motivations on the effectiveness of foreign aid. Donor countries? political motives might reduce the effectiveness of conditionality, channel aid to inferior projects, reduce the aid bureaucracy?s effort, and change the power structure in the recipient country. We investigate whether geopolitical motives matter by testing whether the effect of aid on economic growth is reduced by the share of years a country has served on the United Nations Security Council (UNSC) in the period the aid has been committed, which provides quasi-random variation in commitments. Our results show that the effect of aid on growth is significantly lower when aid has been granted for political reasons. We derive two conclusions from this. First, short-term political favoritism reduces growth. Second, political interest variables are invalid instruments for aid, raising doubts about a large number of results in the aid effectiveness literature. |
主题 | Development Economics |
关键词 | Aid effectiveness Economic growth Political instruments Politics and aid United nations security council membership |
URL | https://cepr.org/publications/dp9904 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538738 |
推荐引用方式 GB/T 7714 | Axel Dreher,Vera Eichenauer. DP9904 Geopolitics, Aid and Growth. 2014. |
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