Publication:
Does Aid Help Improve Economic Institutions?

dc.contributor.author Coviello, Decio
dc.contributor.author Islam, Roumeen
dc.date.accessioned 2012-06-18T21:05:29Z
dc.date.available 2012-06-18T21:05:29Z
dc.date.issued 2006-08
dc.description.abstract Aid is expected to promote better living standards by raising investment and growth. But aid may also affect institutions directly. In theory, these effects may or may not work in the same direction as those on investment. The authors examine the effect of aid on economic institutions and find that aid has neither a positive nor a negative impact on existing measures of economic institutions. They find the results using pooled data for non-overlapping five-year periods, confirmed by pooled annual regressions for a large panel of countries and by pure cross-section regressions. The authors explicitly allow for time invariant effects that are country specific and find the results to be robust to model specifications, estimation methods, and different data sets. en
dc.identifier http://documents.worldbank.org/curated/en/2006/08/6978683/aid-help-improve-economic-institutions
dc.identifier.uri http://hdl.handle.net/10986/8364
dc.language English
dc.publisher World Bank, Washington, DC
dc.relation.ispartofseries Policy Research Working Paper; No. 3990
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo/
dc.subject ADVERSE EFFECTS
dc.subject AID
dc.subject AID FLOWS
dc.subject BANK DEPOSITS
dc.subject BANKRUPTCY
dc.subject BUREAUCRACY
dc.subject BUREAUCRATIC QUALITY
dc.subject CENTRAL AMERICA
dc.subject CIM
dc.subject COMPETITIVENESS
dc.subject CONTRACT INTENSIVE MONEY
dc.subject DEREGULATION
dc.subject DEVELOPMENT ASSISTANCE
dc.subject DEVELOPMENT ISSUES
dc.subject ECONOMETRICS
dc.subject ECONOMIC GROWTH
dc.subject ECONOMIC OUTCOMES
dc.subject EQUATIONS
dc.subject EXCHANGE OF IDEAS
dc.subject EXCHANGE RATE
dc.subject EXCHANGE RATE APPRECIATION
dc.subject EXPROPRIATION RISK
dc.subject FINANCIAL SECTOR
dc.subject FISCAL POLICY
dc.subject FOREIGN AID INFLOWS
dc.subject GDP
dc.subject GNP
dc.subject GNP PER CAPITA
dc.subject GOVERNMENT EXPENDITURES
dc.subject GOVERNMENT REGULATION
dc.subject GOVERNMENT REGULATIONS
dc.subject GOVERNMENT STABILITY
dc.subject GROWTH RATE
dc.subject HUMAN CAPITAL
dc.subject ICRG
dc.subject INFRASTRUCTURE SERVICES
dc.subject INSTITUTIONAL CHANGE
dc.subject INSTITUTIONAL DEVELOPMENT
dc.subject INSTITUTIONAL QUALITY
dc.subject INSTITUTIONAL REFORM
dc.subject INTEREST RATE
dc.subject INTERVENTION
dc.subject LIVING STANDARDS
dc.subject M2
dc.subject MORAL HAZARD
dc.subject OVERSEAS DEVELOPMENT ASSISTANCE
dc.subject POLICY ADVICE
dc.subject POLICY RESEARCH
dc.subject POLITICAL INSTITUTIONS
dc.subject POLITICAL STABILITY
dc.subject POLITICAL SYSTEMS
dc.subject POSITIVE EFFECTS
dc.subject PRIVATIZATION PROCESS
dc.subject PROPERTY RIGHTS
dc.subject PUBLIC
dc.subject PUBLIC BANKS
dc.subject PUBLIC EXPENDITURES
dc.subject PUBLIC INVESTMENT
dc.subject PUBLIC SPENDING
dc.subject REAL GDP
dc.subject REGULATORY FRAMEWORK
dc.subject RENT SEEKING
dc.subject SUB-SAHARAN AFRICA
dc.subject TAXATION
dc.subject TECHNICAL ASSISTANCE
dc.subject TOTAL FACTOR PRODUCTIVITY
dc.subject TOTAL FACTOR PRODUCTIVITY GROWTH
dc.subject VOTERS
dc.title Does Aid Help Improve Economic Institutions? en
dspace.entity.type Publication
okr.doctype Publications & Research :: Policy Research Working Paper
okr.doctype Publications & Research
okr.docurl http://documents.worldbank.org/curated/en/2006/08/6978683/aid-help-improve-economic-institutions
okr.globalpractice Macroeconomics and Fiscal Management
okr.globalpractice Education
okr.globalpractice Health, Nutrition, and Population
okr.globalpractice Governance
okr.identifier.doi 10.1596/1813-9450-3990
okr.identifier.externaldocumentum 000016406_20060808145609
okr.identifier.internaldocumentum 6978683
okr.identifier.report WPS3990
okr.language.supported en
okr.pdfurl http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2006/08/08/000016406_20060808145609/Rendered/PDF/wps3990.pdf en
okr.topic Public Institution Analysis and Assessment
okr.topic Economic Theory and Research
okr.topic Economic Policy
okr.topic Institutions and Governance
okr.topic Education :: School Health
okr.topic Development Economics and Aid Effectiveness
okr.topic Macroeconomics and Economic Growth
okr.topic Public Sector Development
okr.unit Development Research Group (DECRG)
okr.volume 1 of 1
relation.isSeriesOfPublication 26e071dc-b0bf-409c-b982-df2970295c87
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