@article{b51c12f1e1a24730a9a2b4434239c3b8,
title = "Impacts of Aid-Funded Technical Assistance Programs: Firm-Level Evidence from the Indonesian Foundry Industry",
abstract = "This study examines the effect of Japanese aid-funded technical assistance programs on the Indonesian foundry industry funded, applying difference-in-differences propensity score matching estimation to a unique firm-level dataset. The major finding is that the average effect of the aid programs on the change in the reject ratio is negative and significant, suggesting that these programs help local participant firms improve their technology. However, technical assistance programs provided by the local counterpart of aid after the completion of the aid programs do not seem to improve technology of participants in the short run on average.",
keywords = "Propensity score matching",
author = "Yasuyuki Todo",
note = "Funding Information: This research was conducted as part of the “Economics of Foreign Aid” project undertaken at the Research Institute of Economy, Trade and Industry (RIETI). The author would like to thank RIETI for financial support to the project. The author is also grateful to Keitaro Aoyagi, Masahisa Fujita, Seiro Ito, Hisaki Kono, Hyeog Ug Kwon, Toshiyuki Matsuura, Yasuyuki Sawada, and seminar participants at RIETI and Nihon University for helpful comments and suggestions, and Toru Homma, Katsuhiko Ozawa, Akira Shibuya, Toshinobu Sugimura, Etsuji Yoshimura, and particularly Muhammad Furqon and Yohan Endro Susanto for their help in collecting data. Financial support by the Grant-in-Aid for Scientific Research (No. 18330063 ) from the Japan Society for the Promotion of Science is gratefully acknowledged. The opinions expressed and arguments employed in this paper are the sole responsibility of the author and do not necessarily reflect those of RIETI, the Japan International Cooperation Agency, the Ministry of Economy, Trade and Industry of Japan, the Institute for Research and Development of Metal and Machinery Industries of Indonesia, or any institution the author is related to.",
year = "2011",
month = mar,
doi = "10.1016/j.worlddev.2010.08.004",
language = "English",
volume = "39",
pages = "351--362",
journal = "World Development",
issn = "1873-5991",
publisher = "Elsevier BV",
number = "3",
}