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...

Полное описание

Библиографические подробности
Главный автор: Gupta, Sanjeev
Другие авторы: Liu, Estelle, Mulas-Granados, Carlos
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2015.
Серии:IMF Working Papers; Working Paper ; No. 2015/175
Online-ссылка:Full text available on IMF