|
EconStor >
United Nations University (UNU) >
World Institute for Development Economics Research (UNU-WIDER), United Nations University >
WIDER Research Papers, United Nations University (UNU) >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/63519
|
| | |
Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Osei, Robert | | en_US |
| dc.contributor.author | | Morrissey, Oliver | | en_US |
| dc.contributor.author | | Lloyd, Tim | | en_US |
| dc.date.accessioned | | 2012-09-21T09:44:32Z | | - |
| dc.date.available | | 2012-09-21T09:44:32Z | | - |
| dc.date.issued | | 2005 | | en_US |
| dc.identifier.isbn | | 9291907448 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/63519 | | - |
| dc.description.abstract | | An important feature of aid to developing countries is that it is given to the government. As a result, aid should be expected to affect fiscal behaviour, although theory and existing evidence is ambiguous regarding the nature of these effects. This paper applies techniques developed in the ‘macroeconometrics’ literature to estimate the dynamic linkages between aid and fiscal aggregates. Vector autoregressive methods are applied to 34 years of annual data in Ghana to model the effect of aid on fiscal behaviour. Results suggest that aid to Ghana has been associated with reduced domestic borrowing and increased tax effort, combining to increase public spending. This constructive use of aid to maintain fiscal balance is evident since the mid-1980s, following Ghana’s structural adjustment programme. The paper provides evidence that aid has been associated with improved fiscal performance in Ghana, implying that the aid has been used sensibly (at least in fiscal terms). – aid ; fungibility ; fiscal response ; impulse response | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | UNU-WIDER Helsinki | | en_US |
| dc.relation.ispartofseries | | Research Paper, UNU-WIDER, United Nations University (UNU) 2005/61 | | en_US |
| dc.subject.jel | | F35 | | en_US |
| dc.subject.jel | | O23 | | en_US |
| dc.subject.jel | | O55 | | en_US |
| dc.subject.jel | | H60 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.stw | | Entwicklungshilfe | | en_US |
| dc.subject.stw | | Öffentliche Finanzwirtschaft | | en_US |
| dc.subject.stw | | Ghana | | en_US |
| dc.title | | The fiscal effects of aid in Ghana | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 501132899 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | WIDER Research Papers, United Nations University (UNU)
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|