The consequences of fiscal episodes in OECD DAC countries for aid supply

Sena Kimm Gnangnon

The Quarterly Review of Economics and Finance, 2013, vol. 53, issue 3, 302-313

Abstract: This paper examines the effects of fiscal episodes in 19 OECD (Organization for Economic Co-operation and Development) donor countries on their aid supply during the period 1970–2007. We use descriptive statistics provided by Alesina and Ardagna (2010) on these episodes and regression models to perform our analysis. Overall, the results suggest that OECD donor countries curtail their aid effort during their episodes of large fiscal consolidation whereas the effects of large fiscal stimuli episodes seem to depend on the aid variable considered. However, the European Union and the Non-European countries behave differently in terms of their aid supply.

Keywords: Foreign aid; Fiscal consolidation; Fiscal stimuli (search for similar items in EconPapers)
JEL-codes: E62 F35 H62 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1062976913000367
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:quaeco:v:53:y:2013:i:3:p:302-313

DOI: 10.1016/j.qref.2013.05.004

Access Statistics for this article

The Quarterly Review of Economics and Finance is currently edited by R. J. Arnould and J. E. Finnerty

More articles in The Quarterly Review of Economics and Finance from Elsevier
Bibliographic data for series maintained by Catherine Liu ().