Resource Windfalls, Optimal Public Investment and Redistribution : The Role of Total Factor Productivity and Administrative Capacity /

This paper studies the optimal public investment decisions in countries experiencing a resource windfall. To do so, we use an augmented version of the Permanent Income framework with public investment faced with adjustment costs capturing the associated administrative capacity as well as government...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Gelb, Alan
Beste egile batzuk: Arezki, Rabah, Dupuy, Arnaud
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2012.
Saila:IMF Working Papers; Working Paper ; No. 2012/200
Sarrera elektronikoa:Full text available on IMF