G2TT
来源类型Discussion paper
规范类型论文
来源IDDP11443
DP11443 Information transmission and ownership consolidation in aid programs
Axel Dreher; Sarah Langlotz; Silvia Marchesi
发表日期2016-08-19
出版年2016
语种英语
摘要We investigate the degree of leeway donors of foreign aid should grant to recipient governments when their preferences over how to implement the aid are different, and both the donor and recipient possess some private information about the most effective policies. Intuitively, our model shows that donors should stay in control of how their aid is spent when their own private information is more important than the private information of the recipient. Less obviously, an increase in the difference of preferences between donors and recipients can increase rather than decrease the leeway that donors should grant the recipients, as the recipients' information gains in importance relative to those of the donors, and recipients become less likely to communicate truthfully. We test the model using dyadic data for 28 bilateral aid donors and 112 recipients, over the 1995-2010 period. Our proxy for "centralized" aid is project aid, while budget aid leaves more leeway to the recipient and thus proxies for "decentralized" aid. In line with the model, misaligned interests and informational asymmetries indeed influence the shares of aid given as budget and project aid.
主题Development Economics
关键词Delegation Communication Ownership Foreign aid
URLhttps://cepr.org/publications/dp11443
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/540257
推荐引用方式
GB/T 7714
Axel Dreher,Sarah Langlotz,Silvia Marchesi. DP11443 Information transmission and ownership consolidation in aid programs. 2016.
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