Post-disaster aid and development of the manufacturing sector: Lessons from a natural experiment in China

被引：17

作者：

Bulte, Erwin ^{[1
,4
]}

Xu, Lihe ^{[2
]}

Zhang, Xiaobo ^{[3
,5
]}

机构：

[1] Wageningen Univ, Dev Econ Grp, NL-6700 EW Wageningen, Netherlands

[2] Southwestern Univ Finance & Econ, Sch Int Business, Chengdu 611130, Sichuan, Peoples R China

[3] Peking Univ, Natl Sch Dev, Beijing 100871, Peoples R China

[4] Univ Utrecht, Utrecht Sch Econ, Utrecht, Netherlands

[5] Int Food Policy Res Inst, Washington, DC 20036 USA

来源：

EUROPEAN ECONOMIC REVIEW | 2018年 / 101卷

基金：

中国国家自然科学基金;

关键词：

Aid; Growth; Dutch disease; China; DUTCH DISEASE; MACROECONOMIC MODEL; DISASTERS; GROWTH; RISK; CONSEQUENCES;

D O I：

10.1016/j.euroecorev.2017.10.019

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We adopt a disaggregate approach to study the link between aid and Dutch Disease dynamics, using a natural experiment in China. Specifically, we examine whether post disaster aid provided to a subsample of Chinese counties, devastated by an earthquake in 2008, affects the sectoral composition of local economies. Using different methods we consistently find that counties receiving (more) aid - even "nearby counties" not directly damaged by the earthquake - tend to suffer from a contraction of the manufacturing sector. Innovative features of the paper include its regional perspective; its identification strategy (resting on a special provision in Chinese policy - pairwise aid); and its focus on Dutch disease effects in the context of post-disaster aid. (C) 2017 Published by Elsevier B.V.

引用

页码：441 / 458

页数：18

共 32 条

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