Why it pays for aid recipients to take note of the Millennium Challenge Corporation: other donors do!

We empirically analyze how other aid agencies, within and outside the United States, reacted to the Millennium Challenge Corporation (MCC). We find that positive signaling effects dominate possible substitution effects. Striving for MCC eligibility thus pays.

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Bibliographische Detailangaben
Hauptverfasser: Dreher, Axel (VerfasserIn) , Nunnenkamp, Peter (VerfasserIn) , Öhler, Hannes (VerfasserIn)
Dokumenttyp: Article (Journal)
Sprache:Englisch
Veröffentlicht: June 2012
In: Economics letters
Year: 2012, Jahrgang: 115, Heft: 3, Pages: 373-375
ISSN:0165-1765
DOI:10.1016/j.econlet.2011.12.058
Online-Zugang:Verlag, Volltext: http://dx.doi.org/10.1016/j.econlet.2011.12.058
Verlag, Volltext: https://linkinghub.elsevier.com/retrieve/pii/S0165176511005817
Volltext
Verfasserangaben:Axel Dreher, Peter Nunnenkamp, Hannes Öhler
Beschreibung
Zusammenfassung:We empirically analyze how other aid agencies, within and outside the United States, reacted to the Millennium Challenge Corporation (MCC). We find that positive signaling effects dominate possible substitution effects. Striving for MCC eligibility thus pays.
Beschreibung:Gesehen am 17.12.2018
Available online: 29 December 2011
Beschreibung:Online Resource
ISSN:0165-1765
DOI:10.1016/j.econlet.2011.12.058