How do OECD donor countries distribute foreign aid among developing countries during their fiscal episodes?
Sena Kimm Gnangnon ()
No 201301, Working Papers from CERDI
Abstract:
In this paper, we investigate the effects of fiscal episodes in Organization for Economic Cooperation and Development (OECD) donor countries on the distribution of their aid expenditures towards developing countries. We use descriptive statistics provided by Alesina and Ardagna (2010) on fiscal episodes and regression models to perform this analysis. The results show evidence that the “aid expenditures variables” respond variably to the episodes of large changes in fiscal policy in OECD donor countries. In addition, European Union and Non-European Union countries behave differently in terms of aid expenditures distribution during their fiscal episodes.
Keywords: Foreign aid; Fiscal consolidation; Fiscal stimuli; OECD Countries (search for similar items in EconPapers)
JEL-codes: E62 F35 H62 (search for similar items in EconPapers)
Pages: 34
Date: 2013
New Economics Papers: this item is included in nep-dev and nep-eec
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Persistent link: https://EconPapers.repec.org/RePEc:cdi:wpaper:1417
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