| Journal: | Journal of applied economics |
| Database: | CLASE |
| System number: | 000401689 |
| ISSN: | 1667-6726 |
| Authors: | Tezanos, Sergio1 Quiñones, Ainoa2 Guijarro, Marta1 |
| Institutions: | 1Universidad de Cantabria, Facultad Ciencias Económicas y Empresariales, Santander, Cantabria. España 2Universidad de Cantabria, Departamento de Administración de Empresas, Santander, Cantabria. España |
| Year: | 2013 |
| Season: | May |
| Volumen: | 16 |
| Number: | 1 |
| Pages: | 153-177 |
| Country: | Argentina |
| Language: | Inglés |
| Document type: | Artículo |
| Approach: | Analítico, descriptivo |
| English abstract | Aid effectiveness in Latin America and the Caribbean (LAC) has been little studied, despite the fact that it is the developing region receiving foreign aid with the highest per capita income and inequality levels. This paper uses a growth regression model to analyze the impact of Official Development Assistance (ODA) in LAC. We evaluate ODA effectiveness in relation to the growth rate of an ‘inequality-adjusted GDP per capita’ in order to precisely define the desired impact of aid in a region with high levels of inequality. The estimation produces three main results: aid is effective, in aggregated terms, once we deal with the effect of income inequalities; the impact of concessional loans seems to be greater than the impact of grants; and, aid may be more effective in less corrupt countries |
| Disciplines: | Economía |
| Keyword: | Econometría, América Latina, Caribe, Economía regional, Desigualdad económica, Crecimiento económico, Ayuda al desarrollo, Desempeño económico, Préstamos internacionales |
| Full text: | Texto completo (Ver PDF) |
