Heterogeneity in the Allocation of External Public Financing : Evidence from Sub-Saharan African Post-MDRI Countries

Kinda, Tidiane ; Le Manchec, Marie-Helene

Taylor and Francis

关键词: external public financing;    selectivity;    debt relief;    quantile method;   

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

This article revisits the evidence on the allocation of external public financing to post-MDRI countries while controlling for heterogeneity across recipient economies through quantile regressions. The results show that donors were more selective in terms of institutional quality when allocating aid to countries with the highest income per capita in the sample.