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Ayuda y crecimiento: La política importa

  • Matteo Bobba
  • Andrew Powell

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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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. David Roodman, 2007. "The Anarchy of Numbers: Aid, Development, and Cross-Country Empirics," World Bank Economic Review, World Bank Group, vol. 21(2), pages 255-277, May.
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  11. 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.
  12. Collier, Paul & Dollar, David, 2002. "Aid allocation and poverty reduction," European Economic Review, Elsevier, vol. 46(8), pages 1475-1500, September.
  13. David H. Romer & Jeffrey A. Frankel, 1999. "Does Trade Cause Growth?," American Economic Review, American Economic Association, vol. 89(3), pages 379-399, June.
  14. Dollar, David & Alesina, Alberto, 2000. "Who Gives Foreign Aid to Whom and Why?," Scholarly Articles 4553020, Harvard University Department of Economics.
  15. Richard Blundell & Steve Bond, 1995. "Initial conditions and moment restrictions in dynamic panel data models," IFS Working Papers W95/17, Institute for Fiscal Studies.
  16. Alberto Chong & Mark Gradstein, 2006. "Who's Afraid of Foreign Aid? The Donors' Perspective," Research Department Publications 4452, Inter-American Development Bank, Research Department.
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  18. Stephen Bond & Anke Hoeffler & Jonathan Temple, 2001. "GMM Estimation of Empirical Growth Models," Economics Papers 2001-W21, Economics Group, Nuffield College, University of Oxford.
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