The Determinants of Aid in the Post-Cold War Era
FRB of St. Louis Working Paper No. 2006-021B
27 Pages Posted: 19 Apr 2006
Date Written: October 2006
This paper estimates the responsiveness of aid to recipient countries' economic and physical needs, civil/political rights, and government effectiveness. We look exclusively at the post-Cold War era and control for the political, strategic, and other considerations of donors with fixed effects. In general, we find that aid and per capita income were negatively related, while aid was positively related with infant mortality, rights, and government effectiveness.
Keywords: Foreign Aid
JEL Classification: F35
Suggested Citation: Suggested Citation