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Ayuda y crecimiento: La política importa

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  • Matteo Bobba
  • Andrew Powell

Abstract

La literatura sobre la efectividad de la ayuda extranjera se ha enfocado más en las políticas del país que recibe la ayuda que en los determinantes de su distribución. Sin embargo, un resultado consistente es que los aliados políticos obtienen más ayuda de los países donantes que los no aliados. Este articulo muestra que la ayuda entregada a aliados políticos no favorece el crecimiento, mientras que la ayuda que reciben países no aliados es muy efectiva. Este resultado es robusto utilizando varias especificaciones y técnicas de estimación. En particular, se utilizan nuevos métodos para controlar por endogenidad. Se sugiere que la distribución de la ayuda extranjera sea revisada con cuidado de tal forma que esta sea lo más efectiva posible.

Suggested Citation

  • Matteo Bobba & Andrew Powell, 2007. "Ayuda y crecimiento: La política importa," Research Department Publications 4512, Inter-American Development Bank, Research Department.
    • Handle: RePEc:idb:wpaper:4512
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    File URL: http://www.iadb.org/research/pub_hits.cfm?pub_id=WP-601&pub_file_name=pubWP-601.pdf
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    References listed on IDEAS

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    1. Adrian Pagan, 2007. "Weak instruments (in Russian)," Quantile, Quantile, issue 2, pages 71-81, March.

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