On the Capacity to Absorb Public Investment : How Much is Too Much? /

While expanding public investment can help filling infrastructure bottlenecks, scaling up too much and too fast often leads to inefficient outcomes. This paper rationalizes this outcome looking at the association between cost inflation and public investment in a large sample of road construction pro...

Cijeli opis

Bibliografski detalji
Glavni autor: Gurara, Daniel
Daljnji autori: Kpodar, Kangni, Presbitero, Andrea, Tessema, Dawit
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2020.
Serija:IMF Working Papers; Working Paper ; No. 2020/048
Online pristup:Full text available on IMF

Similar Items