Day 1 - AM - David Bevan and Christopher Adam - Aid, public.pptVIP

Aid, Public Expenditureand Dutch Disease Christopher Adam and David Bevan Department of Economics and CSAE University of Oxford This Version March 2004 Our Contribution We examine the macroeconomic consequences of productivity effects from public infrastructure in circumstances where these may have differential consequences for tradable and non-tradable production. We explore how income distribution may move against net producers of non-tradable food (i.e. the poor). This is a distinct possibility in circumstances when income elasticity of demand for food is low. We consider how these eff