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...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Gelb, Alan
Tác giả khác: Arezki, Rabah, Dupuy, Arnaud
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2012.
Loạt:IMF Working Papers; Working Paper ; No. 2012/200
Truy cập trực tuyến:Full text available on IMF