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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Detalhes bibliográficos
Autor principal: Atolia, Manoj
Outros Autores: Li, Bin Grace, Marto, Ricardo, Melina, Giovanni
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2017.
Colecção:IMF Working Papers; Working Paper ; No. 2017/105
Acesso em linha:Full text available on IMF