A Panel Data Analysis of the Fungibility of Foreign Aid

@inproceedings{Feyziolu1999APD,
  title={A Panel Data Analysis of the Fungibility of Foreign Aid},
  author={Tarhan Feyzioğlu and Vinaya Swaroop and Min Zhu},
  year={1999}
}
The donor community has been increasingly concerned that development assistance intended for crucial social and economic sectors might be used directly or indirectly to fund unproductive military and other expenditures. The link between foreign aid and public spending is not straightforward because some aid may be “fungible.” This article empirically examines the impact of foreign aid on the recipient’s public expenditures, using cross-country samples of annual observations for 1971–90. For the… CONTINUE READING
Highly Influential
This paper has highly influenced 18 other papers. REVIEW HIGHLY INFLUENTIAL CITATIONS

From This Paper

Figures, tables, results, connections, and topics extracted from this paper.
87 Extracted Citations
19 Extracted References
Similar Papers

Referenced Papers

Publications referenced by this paper.
Showing 1-10 of 19 references

A Method for Estimating the Effect of a Subsidy on the Receiver’s Resource Constraint: With an Application to the U.S

  • M. C. McGuire
  • Local Governments,
  • 1978
Highly Influential
7 Excerpts

The Composition of Public Expenditure and Economic Growth.

  • Devarajan, Shanta, Vinaya Swaroop, Heng-fu Zou
  • Journal of Monetary Economics
  • 1996

Effects of Foreign Resource Inflows on Saving: A Methodological Overview.

  • Obstfeld, Maurice
  • 1995

Politics and the Effectiveness of Foreign Aid.” London School of Economics and Center for Economic Performance, London. Processed

  • Boone, Peter
  • 1994

The Countrywide Effects of Aid.

  • White, Howard, J. Luttik
  • Policy Research Working Paper 1337
  • 1994

The Fungibility of U.S. Military and Nonmilitary Assistance and the Impacts on Expenditures of Major Aid Recipients.

  • N. M. Khilji, E. M. Zampelli
  • Journal of Development Economics
  • 1994
1 Excerpt

The Impact of Military Expenditures on Economic Growth in Less Developed Countries.

  • Landau, Daniel
  • Defense and Peace Economics 5(February):205–20
  • 1994

World Development Report 1994: Infrastructure for Development

  • World Bank.
  • New York: Oxford University Press.
  • 1994

A New Database on Human Capital Stock: Sources, Methodology, and Results.

  • Nehru, Vikram, Erik Swanson, Asulosh Dubey
  • Policy Research Working Paper 1124
  • 1993

Similar Papers

Loading similar papers…