Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/251752 
Year of Publication: 
2022
Series/Report no.: 
Kiel Working Paper No. 2214
Publisher: 
Kiel Institute for the World Economy (IfW Kiel), Kiel
Abstract: 
Bilateral donors use foreign aid to pursue soft power. We test the effectiveness of aid in reaching this goal by leveraging a new dataset on the precise commitment, implementation, and completion dates of Chinese development projects. We use data from the Gallup World Poll for 126 countries over the 2006-2017 period and identify causal effects with (i) an event-study model that includes high-dimensional fixed effects, and (ii) instrumental-variables regressions that rely on exogenous variation in the supply of Chinese government financing over time. Our results are nuanced and depend on whether we focus on subnational jurisdictions, countries, or groupings of countries.
Subjects: 
development finance
foreign aid
aid events
public opinion
government approval
soft power
China
Gallup World Poll
JEL: 
F35
F59
H73
H77
O19
P33
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.