Now or Later? : The Political Economy of Public Investment in Democracies /

This paper explores the impact of political and institutional variables on public investment. Working with a sample of 80 presidential and parliamentary democracies between 1975 and 2012, we find that the rate of growth of public investment is higher at the beginning of electoral cycles and decelera...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Gupta, Sanjeev
Weitere Verfasser: Liu, Estelle, Mulas-Granados, Carlos
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2015.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2015/175
Online Zugang:Full text available on IMF