LEADER 03078nam 2200637 450 001 9910458751703321 005 20200520144314.0 010 $a1-4983-4658-8 010 $a1-4983-9572-4 010 $a1-4843-7968-3 035 $a(CKB)2550000001352343 035 $a(EBL)1779707 035 $a(SSID)ssj0001399033 035 $a(PQKBManifestationID)11779216 035 $a(PQKBTitleCode)TC0001399033 035 $a(PQKBWorkID)11452039 035 $a(PQKB)11081896 035 $a(MiAaPQ)EBC1779707 035 $a(Au-PeEL)EBL1779707 035 $a(CaPaEBR)ebr10928011 035 $a(CaONFJC)MIL642260 035 $a(OCoLC)886644723 035 $a(EXLCZ)992550000001352343 100 $a20140920h20142014 uy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aPublic investment as an engine of growth /$fAndrew M. Warner 210 1$a[Washington, District of Columbia] :$cInternational Monetary Fund,$d2014. 210 4$dİ2014 215 $a1 online resource (77 p.) 225 1 $aIMF Working Paper ;$vWP/14/148 300 $aDescription based upon print version of record. 311 $a1-4983-7827-7 311 $a1-322-11009-3 320 $aIncludes bibliographical references. 327 $aCover; Table of Contents; 1. Introduction; 2. Framework; 3. Empirical Section on the Impact of Public Investment Drives; A. Empirical Results; B. Post-1990 evidence; C. Sensitivity of the results to an alternative method of selecting boom years; D. Crowding in or crowding out?; E. A comparison of two major episodes: pre and post 1990; 4. Five Case Studies; A. Mexico; B. Bolivia; C. Korea; D. Taiwan province of China; E. Philippines; 5. The World Bank's Project Investment Upsurge; 6. Summary and Conclusions; 7. References; 8. Appendix I: Additional Regression Results 327 $a9. Appendix II: Eighteen cases of public investment booms 330 $aThis paper looks at the empirical record whether big infrastructure and public capital drives have succeeded in accelerating economic growth in low-income countries. It looks at big long-lasting drives in public capital spending, as these were arguably clear and exogenous policy decisions. On average the evidence shows only a weak positive association between investment spending and growth and only in the same year, as lagged impacts are not significant. Furthermore, there is little evidence of long term positive impacts. Some individual countries may be exceptions to this general result 410 0$aIMF working paper ;$vWP/14/148. 606 $aPublic investments$vCase studies 606 $aEconomic development$vCase studies 608 $aElectronic books. 615 0$aPublic investments 615 0$aEconomic development 676 $a332.67252 700 $aWarner$b Andrew M.$0855100 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910458751703321 996 $aPublic investment as an engine of growth$91909248 997 $aUNINA