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Do foreign aid transfers distort incentives and hurt growth? : Theory and evidence from 75 aid-recipient countries
Oikonomidēs, Geōrgios; Kalyvitēs, Sarantēs; … - 2004
In this paper, foreign aid transfers can distort individual incentives, and hence hurt growth, by encouraging rent-seeking as opposed to productive activities. We construct a model of a small growing open economy that distinguishes two effects from foreign transfers: (i) a direct positive...
Persistent link: https://www.econbiz.de/10002017654
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Does foreign aid distort incentives and hurt growth? : theory and evidence from 75 aid-recipient countries
Economides, George; Kalyvitēs, Sarantēs; … - In: Public choice 134 (2008) 3/4, pp. 463-488
Persistent link: https://www.econbiz.de/10003680268
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Do foreign aid transfers distort incentives and hurt growth? : theory and evidence from 75 aid-recipient countries
Oikonomidēs, Geōrgios; Kalyvitēs, Sarantēs; … - 2004
In this paper, foreign aid transfers can distort individual incentives, and hence hurt growth, by encouraging rent-seeking as opposed to productive activities. We construct a model of a small growing open economy that distinguishes two effects from foreign transfers: (i) a direct positive...
Persistent link: https://www.econbiz.de/10011402546
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Do Foreign Aid Transfers Distort Incentives and Hurt Growth? Theory and Evidence from 75 Aid-Recipient Countries
Oikonomidēs, Geōrgios; Kalyvitēs, Sarantēs; … - 2021
In this paper, foreign aid transfers can distort individual incentives, and hence hurt growth, by encouraging rent-seeking as opposed to productive activities. We construct a model of a small growing open economy that distinguishes two effects from foreign transfers: (i) a direct positive...
Persistent link: https://www.econbiz.de/10013319369