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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Bibliografski detalji
Glavni autor: Gupta, Sanjeev
Daljnji autori: Liu, Estelle, Mulas-Granados, Carlos
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2015.
Serija:IMF Working Papers; Working Paper ; No. 2015/175
Online pristup:Full text available on IMF