The Long-Run Macroeconomic Effects of Aid and Disaggregated Aid in Ethiopia

Research output: Contribution to journal › Journal article › Research › peer-review

Standard

The Long-Run Macroeconomic Effects of Aid and Disaggregated Aid in Ethiopia. / Gebregziabher, Fiseha Haile.

In: Journal of International Development, Vol. 26, No. 4, 2014, p. 520-540.

Research output: Contribution to journal › Journal article › Research › peer-review

Harvard

Gebregziabher, FH 2014, 'The Long-Run Macroeconomic Effects of Aid and Disaggregated Aid in Ethiopia', Journal of International Development, vol. 26, no. 4, pp. 520-540. https://doi.org/10.1002/jid.2978

APA

Gebregziabher, F. H. (2014). The Long-Run Macroeconomic Effects of Aid and Disaggregated Aid in Ethiopia. Journal of International Development, 26(4), 520-540. https://doi.org/10.1002/jid.2978

Vancouver

Gebregziabher FH. The Long-Run Macroeconomic Effects of Aid and Disaggregated Aid in Ethiopia. Journal of International Development. 2014;26(4):520-540. https://doi.org/10.1002/jid.2978

Author

Gebregziabher, Fiseha Haile. / The Long-Run Macroeconomic Effects of Aid and Disaggregated Aid in Ethiopia. In: Journal of International Development. 2014 ; Vol. 26, No. 4. pp. 520-540.

Bibtex

@article{0da67d834c1c48a196150cc956f8b734,
title = "The Long-Run Macroeconomic Effects of Aid and Disaggregated Aid in Ethiopia",
abstract = "This article investigates the long-run macroeconomic effects of aid and disaggregated aid flows in Ethiopia, currently the world's largest recipient of official development assistance, for the period 1960-2009. The results show that aid affects gross domestic product (GDP), investment and imports positively, whereas it is negatively associated with government consumption. Our results concerning the impacts of disaggregated aid stand in stark contrast to earlier work. Bilateral aid increases investment and GDP and is negatively associated with government consumption, whereas multilateral aid is only positively associated with imports. Grants contribute to GDP, investment and imports, whereas loans affect none of the variables. Finally, there is evidence to suggest that multilateral aid and loans have been disbursed in a procyclical fashion",
keywords = "Faculty of Social Sciences, aid, disaggregated aid, macrovariables, cointegrated VAR, Ethiopia",
author = "Gebregziabher, {Fiseha Haile}",
year = "2014",
doi = "10.1002/jid.2978",
language = "English",
volume = "26",
pages = "520--540",
journal = "Journal of International Development",
issn = "0954-1748",
publisher = "JohnWiley & Sons Ltd",
number = "4",

}

RIS

TY - JOUR

T1 - The Long-Run Macroeconomic Effects of Aid and Disaggregated Aid in Ethiopia

AU - Gebregziabher, Fiseha Haile

PY - 2014

Y1 - 2014

N2 - This article investigates the long-run macroeconomic effects of aid and disaggregated aid flows in Ethiopia, currently the world's largest recipient of official development assistance, for the period 1960-2009. The results show that aid affects gross domestic product (GDP), investment and imports positively, whereas it is negatively associated with government consumption. Our results concerning the impacts of disaggregated aid stand in stark contrast to earlier work. Bilateral aid increases investment and GDP and is negatively associated with government consumption, whereas multilateral aid is only positively associated with imports. Grants contribute to GDP, investment and imports, whereas loans affect none of the variables. Finally, there is evidence to suggest that multilateral aid and loans have been disbursed in a procyclical fashion

AB - This article investigates the long-run macroeconomic effects of aid and disaggregated aid flows in Ethiopia, currently the world's largest recipient of official development assistance, for the period 1960-2009. The results show that aid affects gross domestic product (GDP), investment and imports positively, whereas it is negatively associated with government consumption. Our results concerning the impacts of disaggregated aid stand in stark contrast to earlier work. Bilateral aid increases investment and GDP and is negatively associated with government consumption, whereas multilateral aid is only positively associated with imports. Grants contribute to GDP, investment and imports, whereas loans affect none of the variables. Finally, there is evidence to suggest that multilateral aid and loans have been disbursed in a procyclical fashion

KW - Faculty of Social Sciences

KW - aid

KW - disaggregated aid

KW - macrovariables

KW - cointegrated VAR

KW - Ethiopia

U2 - 10.1002/jid.2978

DO - 10.1002/jid.2978

M3 - Journal article

VL - 26

SP - 520

EP - 540

JO - Journal of International Development

JF - Journal of International Development

SN - 0954-1748

IS - 4

ER -

ID: 51100313