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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Tác giả chính: Furceri, Davide
Tác giả khác: Li, Bin Grace
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2017.
Loạt:IMF Working Papers; Working Paper ; No. 2017/217
Truy cập trực tuyến:Full text available on IMF