EconPapers    
Economics at your fingertips  
 

The Elusive Quest for Additionality

Patrick Carter (), Nicolas Van de Sijpe and Raphael Calel

No 495, Working Papers from Center for Global Development

Abstract: Development Finance Institutions (DFIs) are frequently asked to demonstrate their additionality—meaning that they make investments that the private sector would not—but what evidence of additionality would look like is rarely articulated. This paper examines potential quantitative and qualitative evidence. We investigate whether it is possible to infer additionality from observational investment data, and show how the demand-led nature of DFIs’ business model can create bias in standard statistical techniques used to identify causal effects. Having established that rigorous evidence of additionality may continue to elude us, we discuss circumstantial evidence that would increase confidence that additionality is present, and propose a probabilistic approach to additionality.

Pages: 52 pages
Date: 2018-09-12
References: Add references at CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
https://www.cgdev.org/publication/elusive-quest-for-additionality

Related works:
Journal Article: The elusive quest for additionality (2021) Downloads
Working Paper: The Elusive Quest for Additionality (2019) Downloads
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:cgd:wpaper:495

Access Statistics for this paper

More papers in Working Papers from Center for Global Development Contact information at EDIRC.
Bibliographic data for series maintained by Publications Manager ().

 
Page updated 2024-11-06
Handle: RePEc:cgd:wpaper:495