Foreign aid: Is it all consumed?

Journal of International Development

Volumn 16, Issue 2, 2004, Pages 189-199

  Durbarry, Ramesh ^a  

^a UNIVERSITY OF NOTTINGHAM   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

AID FLOW; DEVELOPMENT AID; INTERNATIONAL AID; NATIONAL ECONOMY; SAVINGS;

EID: 1842832050     PISSN: 09541748     EISSN: None     Source Type: Journal    
DOI: 10.1002/jid.1068     Document Type: Article

References (41)

1. Boone P. 1994. The impact of foreign aid on savings and growth. Mimeo (London School of Economics).
2. Burnside C, Dollar D. 2000. Aid, policies and growth. American Economic Review 90(4): 847-868.
3. Campbell J, Mankiw NG. 1990. Permanent income, current income, and consumption. Journal of Business and Economic Statistics 8: 265-279.
4. Durbarry R, Gemmell N, Greenaway D. 1998. New evidence on the impact of foreign aid on economic growth. CREDIT Research Paper 98/8. Centre for Research in Economic Development and International Trade. University of Nottingham.
5. Eshag E. 1971. Comment. Bulletin of the Oxford University Institute of Economics and Statistics 33: 149-156.
6. Flavin M. 1981. The adjustment of consumption to changing expectations about future income. Journal of Political Economy 89: 974-1009.
7. Franco-Rodriguez S. 2000. Recent developments in fiscal response with an application to Costa Rica. Journal of International Development 12(3): 429-441.
8. Franco-Rodriguez S, McGillivray M, Morrissey O. 1998. Aid and the public sector in Pakistan: evidence with endogenous aid. World Development 26(7): 1241-1250.
9. Gang IN, Khan H. 1991. Foreign aid, taxes, and public investment. Journal of Development Economics 34: 355-369.
10. Greene W. 2000. Econometric Analysis, 4th edn. Prentice Hall International Ltd: London.
11. Griffin K. 1970. Foreign capital, domestic savings and economic development. Bulletin of the Oxford University Institute of Economics and Statistics 32(2): 99-112.
12. Griffin K, Enos J. 1970. Foreign assistance: objectives and consequences. Economic Development and Cultural Change 18: 313-327.
13. Gupta KL. 1975. Foreign capital inflows, dependency burden and savings rates in developing countries: a simultaneous equation model. Kyklos 28: 358-374.
14. Gupta KL. 1987. Aggregate savings, financial intermediation, and interest rate. Review of Economics and Statistics 69: 303-311.
15. Gupta KL, Islam MA. 1983. Foreign Capital, Savings and Growth: An International Cross-Section Study. Riedel Publishing Company: Boston, USA.
16. Hadjimichael MT, et al. 1995. Sub-Saharan Africa growth, savings, and investment, 1986-1993. International Monetary Fund Occasional Paper No. 118, Washington DC.
17. Hall RE. 1978. Stochastic implications of the life cycle-permanent income hypothesis: theory and evidence. Journal of Political Economy 86: 971-988.
18. Hansen H, Tarp, F. 1999. The effectiveness of foreign aid. Mimeo, Development Economics Research Group: University of Copenhagen.
19. Hansen H, Tarp F. 2000. Aid effectiveness disputed. Journal of International Development 12(3): 375-398.
20. Heller P. 1975. A model of public fiscal behaviour in developing countries: aid, investment, and taxation. American Economic Review 65(3): 429-445.
21. Kennedy C, Thirwall A. 1971. Comment. Bulletin of the Oxford University Institute of Economics and Statistics 33(2): 135-138.
22. Khan HA, Hoshino E. 1992. Impact of foreign aid on the fiscal behaviour of Idc governments. World Development 20(10): 1481-1488.
23. Khililji NM, Zampelli EM. 1991. The fungibility of US assistance to developing countries and the impact on recipient expenditures: a case study of Pakistan. World Development 19(8): 1095-1105.
24. Lensink R, White H. 1999. Is there an aid Laffer curve? CREDIT Research Paper 99/6, University of Nottingham.
25. Levy V. 1987. Anticipated development assistance, temporary relief aid, and consumption behaviour of low-income countries. Economic Journal 97: 446-458.
26. McGillivray M, Papadopoulos T. 1992. Foreign capital inflows and public sector fiscal behaviour: a time series analysis of the case of Greece. (Mimeo) Deakin University: Geelong.
27. Morisset J. 1989. The impact of foreign capital inflows on domestic savings re-examined: the case of Argentina. World Development 17(11): 1709-1715.
28. Mosley P. 1980. Aid, savings and growth revisited. Bulletin of the Oxford University, Institute of Economics and Statistics 42: 79-85.
29. Mosley P, Hudson J. 1995. Aid effectiveness: a study of the effectiveness of overseas aid in the main countries receiving ODA assistance (Mimeo). Report to ODA.
30. Mosley P, Hudson J, Hotell S. 1987. Aid, the public sector and the market in less developed countries. Economic Journal 97: 616-641.
31. OECD (various issues) Geographical Distribution of Financial Flows to Developing Countries. OECD, Paris.
32. Olekalns N. 1997. Has financial deregulation revived the permanent income/life cycle hypothesis? Research Paper No. 564, Department of Economics, University of Melbourne.
33. Papanek G. 1972. The effects of aid and other resource transfers on savings and growth in less developed countries. Economic Journal 82: 934-950.
34. Papanek G. 1973. Aid, private foreign investment, savings and growth in less developed countries. Journal of Political Economy 81: 120-130.
35. Runkle DE. 1991. Liquidity constraints and the permanent-income hypothesis: evidence from panel data. Journal of Monetary Economics 27(1): 93-100.
36. Shea J. 1995. Union contracts and the life-cycle/permanent-income hypothesis. American Economic Review 85(1): 186-200.
37. Snyder D. 1990. Foreign aid and domestic savings: a spurious correlation? Economic Development and Cultural Change 38: 175-181.
38. Stewart F. 1971. Comment. Bulletin of the Oxford University Institute of Economics and Statistics 33:138-149.
39. Voivodas CS. 1973. Exports, foreign capital inflow and economic growth. Journal of International Economics 3: 337-349.
40. Weisskopf T. 1972. The impact of foreign capital flows on domestic savings in underdeveloped countries. Journal of International Economics 2: 25-38.
41. Zeldes SP. 1989. Consumption and liquidity constraints: an empirical investigation. Journal of Political Economy 97(2): 305-346.