On the Capacity to Absorb Public Investment : How Much is Too Much? /

While expanding public investment can help filling infrastructure bottlenecks, scaling up too much and too fast often leads to inefficient outcomes. This paper rationalizes this outcome looking at the association between cost inflation and public investment in a large sample of road construction pro...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Gurara, Daniel
مؤلفون آخرون: Kpodar, Kangni, Presbitero, Andrea, Tessema, Dawit
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2020.
سلاسل:IMF Working Papers; Working Paper ; No. 2020/048
الوصول للمادة أونلاين:Full text available on IMF