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...
Tác giả chính: | |
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Tác giả khác: | , , |
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 |