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...

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Hlavní autor: Atolia, Manoj
Další autoři: Li, Bin Grace, Marto, Ricardo, Melina, Giovanni
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2017.
Edice:IMF Working Papers; Working Paper ; No. 2017/105
On-line přístup:Full text available on IMF