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The Impact of Foreign Aid Linked to Infrastructure and Pollution Abatement

机译:外援对基础设施和减少污染的影响

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This paper studies the macroeconomic effects of foreign aid taking into account environmental quality. We develop a dynamic equilibrium model in which public investments in both infrastructure and pollution abatement can be co-financed using domestic resources and international aid. We consider untied aid, aid fully tied to either infrastructure or abatement and aid equally tied to both expenditures. We find that when the extent to which agents are affected by environmental problems is taken into account, then, regardless of the chances of substitution between factors, transfers linked to both infrastructure and pollution abatement may be the best welfare-enhancing alternative.
机译:本文研究了考虑环境质量的外援的宏观经济影响。我们建立了一个动态均衡模型,在该模型中,可以利用国内资源和国际援助共同资助基础设施建设和减少污染的公共投资。我们认为不附带条件的援助,完全与基础设施或减排相关的援助以及与两个支出均相同的援助。我们发现,当考虑到代理商受环境问题影响的程度时,无论因素之间是否有替代的机会,与基础设施和减少污染相关的转移支付可能都是最好的增强福利的选择。

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  • 来源
    《Review of international economics》 |2015年第4期|667-686|共20页
  • 作者单位

    Univ Basque Country, UPV EHU, Dept Fundamentos Anal Econ 1, Bilbao 48015, Spain|Univ Basque Country, UPV EHU, BRIDGE Grp, Bilbao 48015, Spain;

    Univ Basque Country, UPV EHU, Dept Fundamentos Anal Econ 1, Bilbao 48015, Spain|Univ Basque Country, UPV EHU, BRIDGE Grp, Bilbao 48015, Spain;

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