Ira Gang
Rutgers University
Department of Economics
E-mail: gang@economics.rutgers.edu
Item Number: [J26]
Title: Reply to Tran-Nam Binh and Mark McGillivray, "Foreign Aid,
Taxes and Public Investment: A Comment"
Abstract: The comment of Binh and McGillivray helps clarify the claims
that can reasonably be made about the specific linear - quadratic form
(LQ) we employed. Their insight is that the targets specified by us and others
who have used this loss function are not true targets for they do not minimize
loss. Their comment, however, does not go far enough. What difference
does their point make and how superior is the quadratic form (Q) they suggest?
Reference: Ira N. Gang and Haider Ali Khan, Reply to Tran-Nam
Binh and Mark McGillivray,"Foreign Aid, Taxes and Public Investment: A Comment", Journal
of Development Economics, 41 (1993) 177-78.
Co-Author Information:
Haider Ali Khan
Graduate School of International Studies, University of Denver
E-Mail:
Download: Email
Requesting Pdf version of paper.