The Experts below are selected from a list of 122562 Experts worldwide ranked by ideXlab platform
Michael J. Tierney - One of the best experts on this subject based on the ideXlab platform.
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aid china and growth evidence from a new global Development Finance dataset
American Economic Journal: Economic Policy, 2021Co-Authors: Axel Dreher, Bradley C Parks, Austin M Strange, Andreas Fuchs, Michael J. TierneyAbstract:This article introduces a new dataset of official financing from China to 138 developing countries between 2000 and 2014. It investigates whether Chinese Development Finance affects economic growth in recipient countries. The results demonstrate that Chinese Development Finance boosts short-term economic growth. An additional project increases growth by between 0.41 and 1.49 percentage points 2 years after commitment, on average. While this study does not find that significant financial support from China impairs the overall effectiveness of aid from Western donors, aid from the United States tends to be more effective in countries that receive no substantial support from China.
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aid china and growth evidence from a new global Development Finance dataset
Social Science Research Network, 2017Co-Authors: Axel Dreher, Bradley C Parks, Austin M Strange, Andreas Fuchs, Michael J. TierneyAbstract:This paper introduces a new dataset of official financing — including foreign aid and other forms of concessional and non-concessional state financing — from China to 138 countries between 2000 and 2014. We use these data to investigate whether and to what extent Chinese aid affects economic growth in recipient countries. To account for the endogeneity of aid, we employ an instrumental-variables strategy that relies on exogenous variation in the supply of Chinese aid over time resulting from changes in Chinese steel production. Variation across recipient countries results from a country’s probability of receiving aid. Controlling for year- and recipient-fixed effects that capture the levels of these variables, their interaction provides a powerful and excludable instrument. Our results show that Chinese official Development assistance (ODA) boosts economic growth in recipient countries. For the average recipient country, we estimate that one additional Chinese ODA project produces a 0.7 percentage point increase in economic growth two years after the project is committed. We also benchmark the effectiveness of Chinese aid vis-a-vis the World Bank, the United States, and all members of the OECD’s Development Assistance Committee (DAC). Our results indicate that Chinese, U.S., and OECD-DAC ODA have positive effects on economic growth, but we find no robust evidence that World Bank aid promotes growth. We also find that, irrespective of the funding source, less concessional and more commercially-oriented types of official Finance do not boost economic growth. Finally, we test the popular claim that significant financial support from China impairs the effectiveness of grants and loans from Western donors and lenders. Our results do not support this claim.
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tracking underreported financial flows china s Development Finance and the aid conflict nexus revisited
Journal of Conflict Resolution, 2017Co-Authors: Austin M Strange, Bradley C Parks, Andreas Fuchs, Axel Dreher, Michael J. TierneyAbstract:China’s provision of Development Finance to other countries is sizable but reliable information is scarce. We introduce a new open-source methodology for collecting project-level Development financ...
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aid on demand african leaders and the geography of china s foreign assistance
Annual Conference 2015 (Muenster): Economic Development - Theory and Policy, 2015Co-Authors: Axel Dreher, Bradley C Parks, Andreas Fuchs, Roland Hodler, Paul A Raschky, Michael J. TierneyAbstract:This article investigates whether China's foreign aid is particularly prone to political capture by political leaders of aid-receiving countries. Specifically, we examine whether more Chinese aid is allocated to the political leaders' birth regions and regions populated by the ethnic group to which the leader belongs, controlling for indicators of need and various fixed effects. We have collected data on 117 African leaders' birthplaces and ethnic groups and geocoded 1,650 Chinese Development Finance projects across 3,097 physical locations committed to Africa over the 2000-2012 period. Our econometric results show that current political leaders' birth regions receive substantially larger financial flows from China than other regions. On the contrary, when we replicate the analysis for the World Bank, our regressions with region-fixed effects show no evidence of such favoritism. For Chinese and World Bank aid alike, we also find no evidence that African leaders direct more aid to areas populated by groups who share their ethnicity, when controlling for region-fixed effects.
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tracking under reported financial flows china s Development Finance and the aid conflict nexus revisited
Research Papers in Economics, 2014Co-Authors: Austin M Strange, Michael J. Tierney, Bradley C Parks, Andreas Fuchs, Axel DreherAbstract:China’s Development Finance is sizable but reliable information is scarce. To address critical information gaps, we introduce a new open source methodology for collecting project-level Development Finance information and create a database of Chinese official Finance to Africa from 2000-2011. Our initial data collection efforts found that China’s official Finance commitments amount to approximately US$ 73 billion over the 2000-2011 period. We provide details on 1,511 non-investment projects to 50 African countries. We use this database to extend previous research on the aid-conflict nexus. Our results show that sudden withdrawals of “traditional” aid are only more likely to induce conflict in the absence of sufficient alternative funding from China. More broadly, these findings highlight the importance of gathering better data on the Development activities of China and other non-traditional donors to better understand the link between foreign aid and conflict.
Axel Dreher - One of the best experts on this subject based on the ideXlab platform.
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aid china and growth evidence from a new global Development Finance dataset
American Economic Journal: Economic Policy, 2021Co-Authors: Axel Dreher, Bradley C Parks, Austin M Strange, Andreas Fuchs, Michael J. TierneyAbstract:This article introduces a new dataset of official financing from China to 138 developing countries between 2000 and 2014. It investigates whether Chinese Development Finance affects economic growth in recipient countries. The results demonstrate that Chinese Development Finance boosts short-term economic growth. An additional project increases growth by between 0.41 and 1.49 percentage points 2 years after commitment, on average. While this study does not find that significant financial support from China impairs the overall effectiveness of aid from Western donors, aid from the United States tends to be more effective in countries that receive no substantial support from China.
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aid china and growth evidence from a new global Development Finance dataset
Social Science Research Network, 2017Co-Authors: Axel Dreher, Bradley C Parks, Austin M Strange, Andreas Fuchs, Michael J. TierneyAbstract:This paper introduces a new dataset of official financing — including foreign aid and other forms of concessional and non-concessional state financing — from China to 138 countries between 2000 and 2014. We use these data to investigate whether and to what extent Chinese aid affects economic growth in recipient countries. To account for the endogeneity of aid, we employ an instrumental-variables strategy that relies on exogenous variation in the supply of Chinese aid over time resulting from changes in Chinese steel production. Variation across recipient countries results from a country’s probability of receiving aid. Controlling for year- and recipient-fixed effects that capture the levels of these variables, their interaction provides a powerful and excludable instrument. Our results show that Chinese official Development assistance (ODA) boosts economic growth in recipient countries. For the average recipient country, we estimate that one additional Chinese ODA project produces a 0.7 percentage point increase in economic growth two years after the project is committed. We also benchmark the effectiveness of Chinese aid vis-a-vis the World Bank, the United States, and all members of the OECD’s Development Assistance Committee (DAC). Our results indicate that Chinese, U.S., and OECD-DAC ODA have positive effects on economic growth, but we find no robust evidence that World Bank aid promotes growth. We also find that, irrespective of the funding source, less concessional and more commercially-oriented types of official Finance do not boost economic growth. Finally, we test the popular claim that significant financial support from China impairs the effectiveness of grants and loans from Western donors and lenders. Our results do not support this claim.
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tracking underreported financial flows china s Development Finance and the aid conflict nexus revisited
Journal of Conflict Resolution, 2017Co-Authors: Austin M Strange, Bradley C Parks, Andreas Fuchs, Axel Dreher, Michael J. TierneyAbstract:China’s provision of Development Finance to other countries is sizable but reliable information is scarce. We introduce a new open-source methodology for collecting project-level Development financ...
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aid on demand african leaders and the geography of china s foreign assistance
Annual Conference 2015 (Muenster): Economic Development - Theory and Policy, 2015Co-Authors: Axel Dreher, Bradley C Parks, Andreas Fuchs, Roland Hodler, Paul A Raschky, Michael J. TierneyAbstract:This article investigates whether China's foreign aid is particularly prone to political capture by political leaders of aid-receiving countries. Specifically, we examine whether more Chinese aid is allocated to the political leaders' birth regions and regions populated by the ethnic group to which the leader belongs, controlling for indicators of need and various fixed effects. We have collected data on 117 African leaders' birthplaces and ethnic groups and geocoded 1,650 Chinese Development Finance projects across 3,097 physical locations committed to Africa over the 2000-2012 period. Our econometric results show that current political leaders' birth regions receive substantially larger financial flows from China than other regions. On the contrary, when we replicate the analysis for the World Bank, our regressions with region-fixed effects show no evidence of such favoritism. For Chinese and World Bank aid alike, we also find no evidence that African leaders direct more aid to areas populated by groups who share their ethnicity, when controlling for region-fixed effects.
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tracking under reported financial flows china s Development Finance and the aid conflict nexus revisited
Research Papers in Economics, 2014Co-Authors: Austin M Strange, Michael J. Tierney, Bradley C Parks, Andreas Fuchs, Axel DreherAbstract:China’s Development Finance is sizable but reliable information is scarce. To address critical information gaps, we introduce a new open source methodology for collecting project-level Development Finance information and create a database of Chinese official Finance to Africa from 2000-2011. Our initial data collection efforts found that China’s official Finance commitments amount to approximately US$ 73 billion over the 2000-2011 period. We provide details on 1,511 non-investment projects to 50 African countries. We use this database to extend previous research on the aid-conflict nexus. Our results show that sudden withdrawals of “traditional” aid are only more likely to induce conflict in the absence of sufficient alternative funding from China. More broadly, these findings highlight the importance of gathering better data on the Development activities of China and other non-traditional donors to better understand the link between foreign aid and conflict.
Andreas Fuchs - One of the best experts on this subject based on the ideXlab platform.
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aid china and growth evidence from a new global Development Finance dataset
American Economic Journal: Economic Policy, 2021Co-Authors: Axel Dreher, Bradley C Parks, Austin M Strange, Andreas Fuchs, Michael J. TierneyAbstract:This article introduces a new dataset of official financing from China to 138 developing countries between 2000 and 2014. It investigates whether Chinese Development Finance affects economic growth in recipient countries. The results demonstrate that Chinese Development Finance boosts short-term economic growth. An additional project increases growth by between 0.41 and 1.49 percentage points 2 years after commitment, on average. While this study does not find that significant financial support from China impairs the overall effectiveness of aid from Western donors, aid from the United States tends to be more effective in countries that receive no substantial support from China.
-
aid china and growth evidence from a new global Development Finance dataset
Social Science Research Network, 2017Co-Authors: Axel Dreher, Bradley C Parks, Austin M Strange, Andreas Fuchs, Michael J. TierneyAbstract:This paper introduces a new dataset of official financing — including foreign aid and other forms of concessional and non-concessional state financing — from China to 138 countries between 2000 and 2014. We use these data to investigate whether and to what extent Chinese aid affects economic growth in recipient countries. To account for the endogeneity of aid, we employ an instrumental-variables strategy that relies on exogenous variation in the supply of Chinese aid over time resulting from changes in Chinese steel production. Variation across recipient countries results from a country’s probability of receiving aid. Controlling for year- and recipient-fixed effects that capture the levels of these variables, their interaction provides a powerful and excludable instrument. Our results show that Chinese official Development assistance (ODA) boosts economic growth in recipient countries. For the average recipient country, we estimate that one additional Chinese ODA project produces a 0.7 percentage point increase in economic growth two years after the project is committed. We also benchmark the effectiveness of Chinese aid vis-a-vis the World Bank, the United States, and all members of the OECD’s Development Assistance Committee (DAC). Our results indicate that Chinese, U.S., and OECD-DAC ODA have positive effects on economic growth, but we find no robust evidence that World Bank aid promotes growth. We also find that, irrespective of the funding source, less concessional and more commercially-oriented types of official Finance do not boost economic growth. Finally, we test the popular claim that significant financial support from China impairs the effectiveness of grants and loans from Western donors and lenders. Our results do not support this claim.
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tracking underreported financial flows china s Development Finance and the aid conflict nexus revisited
Journal of Conflict Resolution, 2017Co-Authors: Austin M Strange, Bradley C Parks, Andreas Fuchs, Axel Dreher, Michael J. TierneyAbstract:China’s provision of Development Finance to other countries is sizable but reliable information is scarce. We introduce a new open-source methodology for collecting project-level Development financ...
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aid on demand african leaders and the geography of china s foreign assistance
Annual Conference 2015 (Muenster): Economic Development - Theory and Policy, 2015Co-Authors: Axel Dreher, Bradley C Parks, Andreas Fuchs, Roland Hodler, Paul A Raschky, Michael J. TierneyAbstract:This article investigates whether China's foreign aid is particularly prone to political capture by political leaders of aid-receiving countries. Specifically, we examine whether more Chinese aid is allocated to the political leaders' birth regions and regions populated by the ethnic group to which the leader belongs, controlling for indicators of need and various fixed effects. We have collected data on 117 African leaders' birthplaces and ethnic groups and geocoded 1,650 Chinese Development Finance projects across 3,097 physical locations committed to Africa over the 2000-2012 period. Our econometric results show that current political leaders' birth regions receive substantially larger financial flows from China than other regions. On the contrary, when we replicate the analysis for the World Bank, our regressions with region-fixed effects show no evidence of such favoritism. For Chinese and World Bank aid alike, we also find no evidence that African leaders direct more aid to areas populated by groups who share their ethnicity, when controlling for region-fixed effects.
-
tracking under reported financial flows china s Development Finance and the aid conflict nexus revisited
Research Papers in Economics, 2014Co-Authors: Austin M Strange, Michael J. Tierney, Bradley C Parks, Andreas Fuchs, Axel DreherAbstract:China’s Development Finance is sizable but reliable information is scarce. To address critical information gaps, we introduce a new open source methodology for collecting project-level Development Finance information and create a database of Chinese official Finance to Africa from 2000-2011. Our initial data collection efforts found that China’s official Finance commitments amount to approximately US$ 73 billion over the 2000-2011 period. We provide details on 1,511 non-investment projects to 50 African countries. We use this database to extend previous research on the aid-conflict nexus. Our results show that sudden withdrawals of “traditional” aid are only more likely to induce conflict in the absence of sufficient alternative funding from China. More broadly, these findings highlight the importance of gathering better data on the Development activities of China and other non-traditional donors to better understand the link between foreign aid and conflict.
Austin M Strange - One of the best experts on this subject based on the ideXlab platform.
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aid china and growth evidence from a new global Development Finance dataset
American Economic Journal: Economic Policy, 2021Co-Authors: Axel Dreher, Bradley C Parks, Austin M Strange, Andreas Fuchs, Michael J. TierneyAbstract:This article introduces a new dataset of official financing from China to 138 developing countries between 2000 and 2014. It investigates whether Chinese Development Finance affects economic growth in recipient countries. The results demonstrate that Chinese Development Finance boosts short-term economic growth. An additional project increases growth by between 0.41 and 1.49 percentage points 2 years after commitment, on average. While this study does not find that significant financial support from China impairs the overall effectiveness of aid from Western donors, aid from the United States tends to be more effective in countries that receive no substantial support from China.
-
aid china and growth evidence from a new global Development Finance dataset
Social Science Research Network, 2017Co-Authors: Axel Dreher, Bradley C Parks, Austin M Strange, Andreas Fuchs, Michael J. TierneyAbstract:This paper introduces a new dataset of official financing — including foreign aid and other forms of concessional and non-concessional state financing — from China to 138 countries between 2000 and 2014. We use these data to investigate whether and to what extent Chinese aid affects economic growth in recipient countries. To account for the endogeneity of aid, we employ an instrumental-variables strategy that relies on exogenous variation in the supply of Chinese aid over time resulting from changes in Chinese steel production. Variation across recipient countries results from a country’s probability of receiving aid. Controlling for year- and recipient-fixed effects that capture the levels of these variables, their interaction provides a powerful and excludable instrument. Our results show that Chinese official Development assistance (ODA) boosts economic growth in recipient countries. For the average recipient country, we estimate that one additional Chinese ODA project produces a 0.7 percentage point increase in economic growth two years after the project is committed. We also benchmark the effectiveness of Chinese aid vis-a-vis the World Bank, the United States, and all members of the OECD’s Development Assistance Committee (DAC). Our results indicate that Chinese, U.S., and OECD-DAC ODA have positive effects on economic growth, but we find no robust evidence that World Bank aid promotes growth. We also find that, irrespective of the funding source, less concessional and more commercially-oriented types of official Finance do not boost economic growth. Finally, we test the popular claim that significant financial support from China impairs the effectiveness of grants and loans from Western donors and lenders. Our results do not support this claim.
-
tracking underreported financial flows china s Development Finance and the aid conflict nexus revisited
Journal of Conflict Resolution, 2017Co-Authors: Austin M Strange, Bradley C Parks, Andreas Fuchs, Axel Dreher, Michael J. TierneyAbstract:China’s provision of Development Finance to other countries is sizable but reliable information is scarce. We introduce a new open-source methodology for collecting project-level Development financ...
-
tracking under reported financial flows china s Development Finance and the aid conflict nexus revisited
Research Papers in Economics, 2014Co-Authors: Austin M Strange, Michael J. Tierney, Bradley C Parks, Andreas Fuchs, Axel DreherAbstract:China’s Development Finance is sizable but reliable information is scarce. To address critical information gaps, we introduce a new open source methodology for collecting project-level Development Finance information and create a database of Chinese official Finance to Africa from 2000-2011. Our initial data collection efforts found that China’s official Finance commitments amount to approximately US$ 73 billion over the 2000-2011 period. We provide details on 1,511 non-investment projects to 50 African countries. We use this database to extend previous research on the aid-conflict nexus. Our results show that sudden withdrawals of “traditional” aid are only more likely to induce conflict in the absence of sufficient alternative funding from China. More broadly, these findings highlight the importance of gathering better data on the Development activities of China and other non-traditional donors to better understand the link between foreign aid and conflict.
-
tracking under reported financial flows china s Development Finance and the aid conflict nexus revisited
Social Science Research Network, 2014Co-Authors: Austin M Strange, Michael J. Tierney, Bradley C Parks, Andreas Fuchs, Axel DreherAbstract:China’s provision of Development Finance to other countries is sizable but reliable information is scarce. We introduce a new open source methodology for collecting project-level Development Finance information and create a database of Chinese official Finance to Africa from 2000-2011. We find that China’s commitments amounted to approximately US $73 billion, of which US $15 billion are comparable to Official Development Assistance following OECD definitions. We provide details on 1,511 projects to 50 African countries. We use this database to extend previous research on aid and conflict, which suffers from omitted variable bias due to the exclusion of Chinese Development Finance. Our results show that sudden withdrawals of “traditional” aid no longer induce conflict in the presence of sufficient alternative funding from China. Our findings highlight the importance of gathering more complete data on the Development activities of “non-traditional donors” to better understand the link between aid and conflict.
Bradley C Parks - One of the best experts on this subject based on the ideXlab platform.
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aid china and growth evidence from a new global Development Finance dataset
American Economic Journal: Economic Policy, 2021Co-Authors: Axel Dreher, Bradley C Parks, Austin M Strange, Andreas Fuchs, Michael J. TierneyAbstract:This article introduces a new dataset of official financing from China to 138 developing countries between 2000 and 2014. It investigates whether Chinese Development Finance affects economic growth in recipient countries. The results demonstrate that Chinese Development Finance boosts short-term economic growth. An additional project increases growth by between 0.41 and 1.49 percentage points 2 years after commitment, on average. While this study does not find that significant financial support from China impairs the overall effectiveness of aid from Western donors, aid from the United States tends to be more effective in countries that receive no substantial support from China.
-
aid china and growth evidence from a new global Development Finance dataset
Social Science Research Network, 2017Co-Authors: Axel Dreher, Bradley C Parks, Austin M Strange, Andreas Fuchs, Michael J. TierneyAbstract:This paper introduces a new dataset of official financing — including foreign aid and other forms of concessional and non-concessional state financing — from China to 138 countries between 2000 and 2014. We use these data to investigate whether and to what extent Chinese aid affects economic growth in recipient countries. To account for the endogeneity of aid, we employ an instrumental-variables strategy that relies on exogenous variation in the supply of Chinese aid over time resulting from changes in Chinese steel production. Variation across recipient countries results from a country’s probability of receiving aid. Controlling for year- and recipient-fixed effects that capture the levels of these variables, their interaction provides a powerful and excludable instrument. Our results show that Chinese official Development assistance (ODA) boosts economic growth in recipient countries. For the average recipient country, we estimate that one additional Chinese ODA project produces a 0.7 percentage point increase in economic growth two years after the project is committed. We also benchmark the effectiveness of Chinese aid vis-a-vis the World Bank, the United States, and all members of the OECD’s Development Assistance Committee (DAC). Our results indicate that Chinese, U.S., and OECD-DAC ODA have positive effects on economic growth, but we find no robust evidence that World Bank aid promotes growth. We also find that, irrespective of the funding source, less concessional and more commercially-oriented types of official Finance do not boost economic growth. Finally, we test the popular claim that significant financial support from China impairs the effectiveness of grants and loans from Western donors and lenders. Our results do not support this claim.
-
tracking underreported financial flows china s Development Finance and the aid conflict nexus revisited
Journal of Conflict Resolution, 2017Co-Authors: Austin M Strange, Bradley C Parks, Andreas Fuchs, Axel Dreher, Michael J. TierneyAbstract:China’s provision of Development Finance to other countries is sizable but reliable information is scarce. We introduce a new open-source methodology for collecting project-level Development financ...
-
aid on demand african leaders and the geography of china s foreign assistance
Annual Conference 2015 (Muenster): Economic Development - Theory and Policy, 2015Co-Authors: Axel Dreher, Bradley C Parks, Andreas Fuchs, Roland Hodler, Paul A Raschky, Michael J. TierneyAbstract:This article investigates whether China's foreign aid is particularly prone to political capture by political leaders of aid-receiving countries. Specifically, we examine whether more Chinese aid is allocated to the political leaders' birth regions and regions populated by the ethnic group to which the leader belongs, controlling for indicators of need and various fixed effects. We have collected data on 117 African leaders' birthplaces and ethnic groups and geocoded 1,650 Chinese Development Finance projects across 3,097 physical locations committed to Africa over the 2000-2012 period. Our econometric results show that current political leaders' birth regions receive substantially larger financial flows from China than other regions. On the contrary, when we replicate the analysis for the World Bank, our regressions with region-fixed effects show no evidence of such favoritism. For Chinese and World Bank aid alike, we also find no evidence that African leaders direct more aid to areas populated by groups who share their ethnicity, when controlling for region-fixed effects.
-
tracking under reported financial flows china s Development Finance and the aid conflict nexus revisited
Research Papers in Economics, 2014Co-Authors: Austin M Strange, Michael J. Tierney, Bradley C Parks, Andreas Fuchs, Axel DreherAbstract:China’s Development Finance is sizable but reliable information is scarce. To address critical information gaps, we introduce a new open source methodology for collecting project-level Development Finance information and create a database of Chinese official Finance to Africa from 2000-2011. Our initial data collection efforts found that China’s official Finance commitments amount to approximately US$ 73 billion over the 2000-2011 period. We provide details on 1,511 non-investment projects to 50 African countries. We use this database to extend previous research on the aid-conflict nexus. Our results show that sudden withdrawals of “traditional” aid are only more likely to induce conflict in the absence of sufficient alternative funding from China. More broadly, these findings highlight the importance of gathering better data on the Development activities of China and other non-traditional donors to better understand the link between foreign aid and conflict.