Impacts of Official Development Assistance on Government Fiscal Behavior in the Selected Asian Developing Countries

Autor: Sadegh Bakhtiari, Seyed Komail Tayebi, Hojjat Izadkhasti
Jazyk: perština
Rok vydání: 2012
Předmět:
Zdroj: پژوهشهای اقتصادی, Vol 12, Iss 2, Pp 23-38 (2012)
Druh dokumentu: article
ISSN: 1735-6768
2980-7832
Popis: This paper examines the impact of official development assistance on government fiscal behavior in the Selected Asian developing countries by using Panel Data over the period 1990-2009. The aim of official development assistance is to help developing countries to speed up economic growth and development, income distribution and poverty reduction. But official development assistance is mainly channeled to the domestic economy through the public sector. However, the economic effectiveness of official development assistance has always been a controversial issue. While some researchers argue that such aid results into the growth of bureaucracies, others argue that it can lead to economic growth. The final effects of official development assistance depend on how it influences fiscal policy. Empirical results indicate that official development assistance has a positive and significant effect on capital expenditures and does not have a significant effect on government consumption expenditures and government revenues. Also, official development assistance is a substitute for government borrowing.
Databáze: Directory of Open Access Journals