Why it pays for aid recipients to take note of the Millennium Challenge Corporation: Other donors do!

Axel Dreher, Peter Nunnenkamp and Hannes Öhler

Economics Letters, 2012, vol. 115, issue 3, 373-375

Abstract: We empirically analyze how other aid agencies, within and outside the United States, reacted to the Millennium Challenge Corporation (MCC). We find that positive signaling effects dominate possible substitution effects. Striving for MCC eligibility thus pays.

Keywords: Official development aid; Millennium Challenge Corporation; Signaling effects (search for similar items in EconPapers)
JEL-codes: F35 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (5)

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Working Paper: Why it pays for aid recipients to take note of the Millennium Challenge Corporation: Other donors do! (2010)
Working Paper: Why it pays for aid recipients to take note of the millennium challenge corporation: Other donors do! (2010)
Working Paper: Why it pays for aid recipients to take note of the Millennium Challenge Corporation: Other donors do! (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:115:y:2012:i:3:p:373-375

DOI: 10.1016/j.econlet.2011.12.058

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