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...

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Detalles Bibliográficos
Autor principal: Gupta, Sanjeev
Otros Autores: Liu, Estelle, Mulas-Granados, Carlos
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2015.
Colección:IMF Working Papers; Working Paper ; No. 2015/175
Acceso en línea:Full text available on IMF