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...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Gurara, Daniel
Tác giả khác: Kpodar, Kangni, Presbitero, Andrea, Tessema, Dawit
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2020.
Loạt:IMF Working Papers; Working Paper ; No. 2020/048
Truy cập trực tuyến:Full text available on IMF