Language:
English
Pages:
Online-Ressource
Edition:
Online-Ausg. World Bank E-Library Archive Also available in print
Series Statement:
Policy research working paper 3542
Parallel Title:
Van de Walle, Dominique Do donors get what they paid for?
Keywords:
World Bank
;
World Bank
;
Community development
;
Economic development projects
;
Rural roads
;
Community development
;
Economic development projects
;
Rural roads
Abstract:
"Recipient government responses to development project aid have typically been studied at high levels of aggregation, using cross-country comparisons and/or aggregate time series data. Yet increasingly the relevant decisions are being made at the local level, in response to specific community-level projects. The authors use local-level data to test for fungibility of World Bank financing of rural road rehabilitation targeted to specific geographic areas of Vietnam. A simple double difference estimate suggests that the project's net contribution to rehabilitated road increments is close to zero, suggesting complete displacement of funding. However, with better controls for the endogeneity of project placement the authors find much less evidence of fungibility, with displacement accounting for around one-third of the aid. The results point to the importance of dealing with selection bias in assessing project aid fungibility. "--World Bank web site
Note:
Includes bibliographical references
,
Title from PDF file as viewed on 4/6/2005
,
Also available in print.
URL:
Volltext
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