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

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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur:	Gurara, Daniel
Awduron Eraill:	Kpodar, Kangni, Presbitero, Andrea, Tessema, Dawit
Fformat:	Cylchgrawn
Iaith:	English
Cyhoeddwyd:	Washington, D.C. : International Monetary Fund, 2020.
Cyfres:	IMF Working Papers; Working Paper ; No. 2020/048
Mynediad Ar-lein:	Full text available on IMF

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