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Resource windfalls, optimal public investment and redistribution : the role of total factor productivity and administrative capacity /

This paper studies the optimal public investment decisions in countries experiencing a resource windfall. To do so, we use an augmented version of the Permanent Income framework with public investment faced with adjustment costs capturing the associated administrative capacity as well as government...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Arezki, Rabah (Autor), Dupuy, Arnaud (Autor), Gelb, Alan H. (Autor)
Autor Corporativo: International Monetary Fund. Institute for Capacity Development
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, ©2012.
Colección:IMF working paper ; WP/12/200.
Temas:
Acceso en línea:Texto completo