The Macroeconomic (and Distributional) Effects of Public Investment in Developing Economies /

This paper provides new empirical evidence of the macroeconomic effects of public investment in developing economies. Using public investment forecast errors to identify unanticipated changes in public investment, the paper finds that increased public investment raises output in the short and medium...

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Détails bibliographiques
Auteur principal: Furceri, Davide
Autres auteurs: Li, Bin Grace
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2017.
Collection:IMF Working Papers; Working Paper ; No. 2017/217
Accès en ligne:Full text available on IMF