Some Misconceptions about Public Investment Efficiency and Growth /

We reconsider the macroeconomic implications of public investment efficiency, defined as the ratio between the actual increment to public capital and the amount spent. We show that, in a simple and standard model, increases in public investment spending in inefficient countries do not have a lower i...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Berg, Andrew
अन्य लेखक: Buffie, Edward, Pattillo, Catherine, Portillo, Rafael
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2015.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2015/272
ऑनलाइन पहुंच:Full text available on IMF