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Aid Competition - a Simple Agent-Based Model of Competition for Financial Aid

Author

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  • András Margitay-Becht

    (Budapest University of Technology and Economics)

Abstract

The research into the effectiveness of financial aid is gaining momentum lately. Some say it is ineffective, some say it could be effective, but all seem to agree that some of its aspects are currently unmapped. This article aims at showing a rather simplistic agent-based model that might hint at a possible useful approach of the issue. It will be shown, that the donor policies do influence stability, convergence and the path of economic growth.

Suggested Citation

  • András Margitay-Becht, 2006. "Aid Competition - a Simple Agent-Based Model of Competition for Financial Aid," Interdisciplinary Description of Complex Systems - scientific journal, Croatian Interdisciplinary Society Provider Homepage: http://indecs.eu, vol. 4(2), pages 89-101.
    • Handle: RePEc:zna:indecs:v:4:y:2006:i:2:p:89-101
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    References listed on IDEAS

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    1. David Dollar & Craig Burnside, 2000. "Aid, Policies, and Growth," American Economic Review, American Economic Association, vol. 90(4), pages 847-868, September.
    2. Levy, Victor, 1988. "Aid and growth in Sub-Saharan Africa: The recent experience," European Economic Review, Elsevier, vol. 32(9), pages 1777-1795, November.
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    More about this item

    Keywords

    aid; agent-based modelling; competition;
    All these keywords.

    JEL classification:

    • C65 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Miscellaneous Mathematical Tools
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs

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