Aid and public sector fiscal behaviour in failing states

Feeny, S and McGillivray, M 2010, 'Aid and public sector fiscal behaviour in failing states', Economic Modelling, vol. 27, no. 5, pp. 1006-1016.

Document type: Journal Article
Collection: Journal Articles

Title Aid and public sector fiscal behaviour in failing states
Author(s) Feeny, S
McGillivray, M
Year 2010
Journal name Economic Modelling
Volume number 27
Issue number 5
Start page 1006
End page 1016
Total pages 11
Publisher Elsevier Science Bv
Abstract This paper looks at interactions between foreign aid and the public sector in developing countries, especially those considered to be fragile or failing states. A model is proposed which employs actual budgetary appropriations and revenue estimates (rather than estimated target variables) and allows for asymmetric preferences. Variants of the model are estimated using time-series data for Papua New Guinea (PNG). PNG is classified as a fragile state by the international community owing to perceived policy and institutional inadequacies. Results obtained suggest that foreign aid increases consumption and investment expenditures and decreases tax revenues and the level of borrowing.
Subject Applied Economics not elsewhere classified
Keyword(s) Foreign-Aid
Ldc Governments
DOI - identifier 10.1016/j.econmod.2010.04.010
Copyright notice © 2010 Elsevier Science Bv
ISSN 0264-9993
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Citation counts: TR Web of Science Citation Count  Cited 4 times in Thomson Reuters Web of Science Article | Citations
Scopus Citation Count Cited 5 times in Scopus Article | Citations
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