The short-run macroeconomic impact of foreign aid to small states: An agnostic time series analysis
We herein investigate the short-run macroeconomic impact of aid in small developing countries (SDCs) by using a vector auto regression (VAR) model to study the impact of aid on net import (absorption) and domestic demand (spending). We focus on average country effects within two country sub-groups,...
| Autores principales: | , |
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| Formato: | Artículo preliminar |
| Lenguaje: | Inglés |
| Publicado: |
International Food Policy Research Institute
2009
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/161996 |
| _version_ | 1855514103629479936 |
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| author | Hansen, Henrik Headey, Derek D. |
| author_browse | Hansen, Henrik Headey, Derek D. |
| author_facet | Hansen, Henrik Headey, Derek D. |
| author_sort | Hansen, Henrik |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | We herein investigate the short-run macroeconomic impact of aid in small developing countries (SDCs) by using a vector auto regression (VAR) model to study the impact of aid on net import (absorption) and domestic demand (spending). We focus on average country effects within two country sub-groups, and find substantial differences between ‘aid-dependent’ SDCs and other SDCs that are more dependent on natural resources, tourism or financial services. In aid-dependent SDCs, aid absorption more or less equals spending, although only half of the aid flow is absorbed and spent. In the non-aid-dependent group, aid does not seem to be absorbed or spent in any systematic fashion. |
| format | Artículo preliminar |
| id | CGSpace161996 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2009 |
| publishDateRange | 2009 |
| publishDateSort | 2009 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1619962025-11-06T05:06:52Z The short-run macroeconomic impact of foreign aid to small states: An agnostic time series analysis Hansen, Henrik Headey, Derek D. development aid macroeconomic analysis development policies public expenditure We herein investigate the short-run macroeconomic impact of aid in small developing countries (SDCs) by using a vector auto regression (VAR) model to study the impact of aid on net import (absorption) and domestic demand (spending). We focus on average country effects within two country sub-groups, and find substantial differences between ‘aid-dependent’ SDCs and other SDCs that are more dependent on natural resources, tourism or financial services. In aid-dependent SDCs, aid absorption more or less equals spending, although only half of the aid flow is absorbed and spent. In the non-aid-dependent group, aid does not seem to be absorbed or spent in any systematic fashion. 2009 2024-11-21T10:00:15Z 2024-11-21T10:00:15Z Working Paper https://hdl.handle.net/10568/161996 en Open Access application/pdf International Food Policy Research Institute Hansen, Henrik; Headey, Derek D. 2009. The short-run macroeconomic impact of foreign aid to small states: An agnostic time series analysis. IFPRI Discussion Paper 863. https://hdl.handle.net/10568/161996 |
| spellingShingle | development aid macroeconomic analysis development policies public expenditure Hansen, Henrik Headey, Derek D. The short-run macroeconomic impact of foreign aid to small states: An agnostic time series analysis |
| title | The short-run macroeconomic impact of foreign aid to small states: An agnostic time series analysis |
| title_full | The short-run macroeconomic impact of foreign aid to small states: An agnostic time series analysis |
| title_fullStr | The short-run macroeconomic impact of foreign aid to small states: An agnostic time series analysis |
| title_full_unstemmed | The short-run macroeconomic impact of foreign aid to small states: An agnostic time series analysis |
| title_short | The short-run macroeconomic impact of foreign aid to small states: An agnostic time series analysis |
| title_sort | short run macroeconomic impact of foreign aid to small states an agnostic time series analysis |
| topic | development aid macroeconomic analysis development policies public expenditure |
| url | https://hdl.handle.net/10568/161996 |
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