| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP11443 |
| 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 |
| URL | https://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. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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