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...

Повний опис

Бібліографічні деталі
Автор: Atolia, Manoj
Інші автори: Li, Bin Grace, Marto, Ricardo, Melina, Giovanni
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2017.
Серія:IMF Working Papers; Working Paper ; No. 2017/105
Онлайн доступ:Full text available on IMF