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Ayuda y crecimiento: La política importa

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  • Matteo Bobba
  • Andrew Powell

Abstract

La literatura sobre la efectividad de la ayuda extranjera se ha enfocado más en las políticas del país que recibe la ayuda que en los determinantes de su distribución. Sin embargo, un resultado consistente es que los aliados políticos obtienen más ayuda de los países donantes que los no aliados. Este articulo muestra que la ayuda entregada a aliados políticos no favorece el crecimiento, mientras que la ayuda que reciben países no aliados es muy efectiva. Este resultado es robusto utilizando varias especificaciones y técnicas de estimación. En particular, se utilizan nuevos métodos para controlar por endogenidad. Se sugiere que la distribución de la ayuda extranjera sea revisada con cuidado de tal forma que esta sea lo más efectiva posible.

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Bibliographic Info

Paper provided by Inter-American Development Bank, Research Department in its series Research Department Publications with number 4512.

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Date of creation: Jan 2007
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Handle: RePEc:idb:wpaper:4512

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  1. Michael Clemens & Steven Radelet & Rikhil Bhavnani, 2004. "Counting Chickens When They Hatch: The Short-term Effect of Aid on Growth," Working Papers 44, Center for Global Development.
  2. Burnside, Craig & Dollar, David, 1997. "Aid, policies, and growth," Policy Research Working Paper Series 1777, The World Bank.
  3. Alesina, Alberto & Dollar, David, 2000. " Who Gives Foreign Aid to Whom and Why?," Journal of Economic Growth, Springer, vol. 5(1), pages 33-63, March.
  4. Matteo Bobba & Andrew Powell, 2006. "Multilateral Intermediation of Foreign Aid: What is the Trade-Off for Donor Countries?," Research Department Publications 4500, Inter-American Development Bank, Research Department.
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  14. Alberto Chong & Mark Gradstein, 2006. "Who’s Afraid of Foreign Aid? The Donors’ Perspective," CESifo Working Paper Series 1833, CESifo Group Munich.
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  18. Collier, Paul & Dollar, David, 1999. "Aid allocation and poverty reduction," Policy Research Working Paper Series 2041, The World Bank.
  19. James H. Stock & Jonathan Wright, 2000. "GMM with Weak Identification," Econometrica, Econometric Society, vol. 68(5), pages 1055-1096, September.
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