Foreign Aid, Winning Coalitions, and Economic Growth

IF 1.3 4区 社会学 Q1 AREA STUDIES
Yunhee Choi
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引用次数: 0

Abstract

This paper examines the conditional effectiveness of foreign aid for economic growth. Theoretically, I argue that to maximize the chance to stay in office, the leaders of a large winning coalition will spend the aid money as intended, to provide public goods, which aids economic growth. On the other hand, leaders of a small winning coalition will spend the money on private goods, which is less effective for growth. To test this argument, I construct a panel data set for 28 Asian countries (1990–2010) and apply the generalized method of moments. I find that the interaction between ODA and coalition size significantly affects economic growth. Broadly, for large winning coalitions, growth rate increases with higher ODA, while for small winning coalitions it decreases with higher ODA.
对外援助,赢得联盟和经济增长
本文考察了外援对经济增长的条件效应。从理论上讲,我认为,为了最大限度地提高连任的机会,一个大型获胜联盟的领导人将按照预期使用援助资金,提供有助于经济增长的公共产品。另一方面,一个获胜的小联盟的领导人将把钱花在私人物品上,这对增长的影响较小。为了验证这一论点,我构建了28个亚洲国家(1990-2010)的面板数据集,并应用广义矩量方法。我发现官方发展援助和联盟规模之间的交互作用显著影响经济增长。总的来说,对于大型获胜联盟,增长率随着官方发展援助的增加而增加,而对于小型获胜联盟,增长率随着官方发展援助的增加而下降。
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来源期刊
Asian Survey
Asian Survey AREA STUDIES-
CiteScore
1.80
自引率
22.20%
发文量
38
期刊介绍: The only academic journal of its kind produced in the United States, Asian Survey provides a comprehensive retrospective of contemporary international relations within South, Southeast, and East Asian nations. As the Asian community’s matrix of activities becomes increasingly complex, it is essential to have a sourcebook for sound analysis of current events, governmental policies, socio-economic development, and financial institutions. In Asian Survey you’ll find that sourcebook. Asian Survey consistently publishes articles by leading American and foreign scholars, whose views supplement and contest meanings disseminated by the media.
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