The quality of public investment /

This paper develops a growth model with specialized goods where inefficient and corrupt bureaucracies interact with the provision of public investment services in affecting the productivity of private capital, specialization, and growth. The model provides potential explanations for the contradictor...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Chakraborty, Shankha (Autor), Dabla-Norris, Era (Autor)
Autores Corporativos: IMF Institute, International Monetary Fund. Strategy, Policy, and Review Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, DC] : International Monetary Fund, 2009.
Colección:IMF working paper ; WP/09/154.
Temas:
Public investments.
Economics.
Economics
Investissements publics.
Économie politique.
economics.
Public investments
Acceso en línea:Texto completo
Tabla de Contenidos:
  • I. Introduction; Figure 1. Infrastructure Quality vs. Control of Corruption; II. The Environment; III. General Equilibrium; IV. Discussion; A. Micro versus Macro Evidence; Table 1. Effective Output Elasticity of Public Capital; B. Accounting for Income Gaps; Table 2. Ratio of Quality-adjusted Public Capital; Table 3. Steady-State Predictions for Output Gaps; V. Conclusion; Figure 2. Multiple Equilibria in Corruption; References

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