A macroeconomic framework for quantifying growth and poverty reduction strategies in Niger
The authors apply the dynamic macroeconomic framework developed by Agénor, Bayraktar, and El Aynaoui (2004) to Niger. As in the original model, linkages between foreign aid, public investment (disaggregated into education, infrastructure, and health), and growth are explicitly captured. Although the nominal exchange rate is fixed, the relative price of domestic goods is endogenous, thereby allowing for potential Dutch disease effects associated with increases in aid. The authors assess the impact of policy shocks on poverty by using partial growth elasticities. They perform various policy experiments, including an increase in the level of foreign aid, a reallocation of public investment toward infrastructure, and neutral and non-neutral cuts in tariffs. The simulations show the dynamic tradeoffs that these policies entail with respect to growth and poverty reduction in Niger.
|Date of creation:||01 Feb 2005|
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- Agénor, Pierre-Richard & Bayraktar, Nihal & El Aynaoui, Karim, 2008.
"Roads out of poverty? Assessing the links between aid, public investment, growth, and poverty reduction,"
Journal of Development Economics,
Elsevier, vol. 86(2), pages 277-295, June.
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"Linking Representative Household Models with Household Surveys for Poverty Analysis A Comparison of Alternative Methodologies,"
Development and Comp Systems
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- Pierre-Richard AGÉNOR & Derek H. C. CHEN & Michael GRIMM, . "Linking Representative Household Models with Household Surveys for Poverty Analysis: A Comparison of Alternative Methodologies," EcoMod2004 330600002, EcoMod.
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- Charles R. Hulten, 1996. "Infrastructure Capital and Economic Growth: How Well You Use It May Be More Important Than How Much You Have," NBER Working Papers 5847, National Bureau of Economic Research, Inc.
- HÃ©lÃ¨ne Poirson & Luca Antonio Ricci & Catherine A. Pattillo, 2004. "What Are the Channels Through Which External Debt Affects Growth?," IMF Working Papers 04/15, International Monetary Fund.
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