The Return to Foreign Aid

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Standard

The Return to Foreign Aid. / Dalgaard, Carl-Johan Lars; Hansen, Henrik.

I: Journal of Development Studies, Bind 53, Nr. 7, 19.06.2017, s. 998-1018.

Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt

Harvard

Dalgaard, C-JL & Hansen, H 2017, 'The Return to Foreign Aid', Journal of Development Studies, bind 53, nr. 7, s. 998-1018. https://doi.org/10.1080/00220388.2017.1303674

APA

Dalgaard, C-J. L., & Hansen, H. (2017). The Return to Foreign Aid. Journal of Development Studies, 53(7), 998-1018. https://doi.org/10.1080/00220388.2017.1303674

Vancouver

Dalgaard C-JL, Hansen H. The Return to Foreign Aid. Journal of Development Studies. 2017 jun. 19;53(7):998-1018. https://doi.org/10.1080/00220388.2017.1303674

Author

Dalgaard, Carl-Johan Lars ; Hansen, Henrik. / The Return to Foreign Aid. I: Journal of Development Studies. 2017 ; Bind 53, Nr. 7. s. 998-1018.

Bibtex

@article{764fcf3555fb421bb1c646e5526605be,
title = "The Return to Foreign Aid",
abstract = "We estimate the average rate of return on investments financed by aid and by domestic resource mobilisation, using aggregate data. Both returns are expected to vary across countries and time. Consequently we develop a correlated random coefficients model to estimate the average returns. Across different estimators andtwo different data sources for GDP and investment our findings are remarkably robust; the average gross return on {\textquoteleft}aid investments{\textquoteright} is about 20 per cent. This is in accord with micro estimates of the economic rate of return on aid projects and with aggregate estimates of the rate of return on public capital.",
author = "Dalgaard, {Carl-Johan Lars} and Henrik Hansen",
year = "2017",
month = jun,
day = "19",
doi = "10.1080/00220388.2017.1303674",
language = "English",
volume = "53",
pages = "998--1018",
journal = "Journal of Development Studies",
issn = "0022-0388",
publisher = "Taylor & Francis Online",
number = "7",

}

RIS

TY - JOUR

T1 - The Return to Foreign Aid

AU - Dalgaard, Carl-Johan Lars

AU - Hansen, Henrik

PY - 2017/6/19

Y1 - 2017/6/19

N2 - We estimate the average rate of return on investments financed by aid and by domestic resource mobilisation, using aggregate data. Both returns are expected to vary across countries and time. Consequently we develop a correlated random coefficients model to estimate the average returns. Across different estimators andtwo different data sources for GDP and investment our findings are remarkably robust; the average gross return on ‘aid investments’ is about 20 per cent. This is in accord with micro estimates of the economic rate of return on aid projects and with aggregate estimates of the rate of return on public capital.

AB - We estimate the average rate of return on investments financed by aid and by domestic resource mobilisation, using aggregate data. Both returns are expected to vary across countries and time. Consequently we develop a correlated random coefficients model to estimate the average returns. Across different estimators andtwo different data sources for GDP and investment our findings are remarkably robust; the average gross return on ‘aid investments’ is about 20 per cent. This is in accord with micro estimates of the economic rate of return on aid projects and with aggregate estimates of the rate of return on public capital.

U2 - 10.1080/00220388.2017.1303674

DO - 10.1080/00220388.2017.1303674

M3 - Journal article

VL - 53

SP - 998

EP - 1018

JO - Journal of Development Studies

JF - Journal of Development Studies

SN - 0022-0388

IS - 7

ER -

ID: 171651739