期刊名称:Discussion Papers / Ibero America Institute for Economic Research (IAI)
出版年度:2008
卷号:2008
出版社:Ibero America Institute for Economic Research
摘要:This paper uses a static and dynamic gravity model of trade to
investigate the link between German development aid and exports from Germany to
the recipient countries. The findings indicate that in the long run,German aid
is associated with an increase in exports of goods that is larger than the aid
flow, with a point estimate of 140 percent of the aid given. In addition, the
evolution of the estimated coefficients over time shows an effect that is
consistently positive but which oscillates over time. Interestingly, in the
period from 2001 to 2005, a steady increase in the effect of aid on trade can be
observed following a decrease in this phenomenon in the second half of the
nineties. The paper also distinguishes among recipient countries and finds that
the return on aid measured by German exports is higher for aid to countries
considered “strategic aid recipients” by the German government.