Foreign aid, domestic investment and welfare
Foreign aid, domestic investment and welfare
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对外援助、国内投资和福利
DOI：
10.1111/1468-0297.00469
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发表时间：
1999
期刊：
影响因子：
--
通讯作者：
Pascalis Raimondos
中科院分区：
文献类型：
--
作者：
S. Djajić;S. Lahiri;Pascalis Raimondos
本文在一个简单的两期、两国贸易模型中考察了临时外援对福利的影响。国内投资是内生的，是第一阶段援助与第一和第二阶段贸易条件之间的重要联系。由转移引起的贸易条件的变化在捐助国和受援国之间重新分配了现在和未来的收入。在国际借贷存在障碍的情况下，这种再分配使得临时援助在潜在和严格意义上都有可能得到帕累托改进。
This paper examines the welfare implications of temporary foreign aid in a simple two-period, two-country model of trade. Domestic investment is endogenous, providing an important link between aid in period one and the terms of trade in periods one and two. Transfer-induced changes in the terms of trade redistribute present and future income between the donor and the recipient. In the presence of barriers to international borrowing and lending, such redistribution gives rise to the possibility of temporary aid being both potentially and strictly Pareto improving.