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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Bibliografische gegevens
Hoofdauteur: Furceri, Davide
Andere auteurs: Li, Bin Grace
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2017.
Reeks:IMF Working Papers; Working Paper ; No. 2017/217
Online toegang:Full text available on IMF