Investing in Public Infrastructure : Roads or Schools? /

Why do governments in developing economies invest in roads and not enough in schools? In the presence of distortionary taxation and debt aversion, the different pace at which roads and schools contribute to economic growth turns out to be central to this decision. Specifically, while costs are front...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Atolia, Manoj
Weitere Verfasser: Li, Bin Grace, Marto, Ricardo, Melina, Giovanni
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2017.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2017/105
Online Zugang:Full text available on IMF