Public investment as an engine of growth / / Andrew M. Warner
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| Autore: |
Warner Andrew M.
|
| Titolo: |
Public investment as an engine of growth / / Andrew M. Warner
|
| Pubblicazione: | [Washington, District of Columbia] : , : International Monetary Fund, , 2014 |
| ©2014 | |
| Descrizione fisica: | 1 online resource (77 p.) |
| Disciplina: | 332.67252 |
| Soggetto topico: | Public investments |
| Economic development | |
| Soggetto genere / forma: | Electronic books. |
| Note generali: | Description based upon print version of record. |
| Nota di bibliografia: | Includes bibliographical references. |
| Nota di contenuto: | Cover; 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 |
| 9. Appendix II: Eighteen cases of public investment booms | |
| Sommario/riassunto: | This 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 |
| Titolo autorizzato: | Public investment as an engine of growth |
| ISBN: | 1-4983-4658-8 |
| 1-4983-9572-4 | |
| 1-4843-7968-3 | |
| Formato: | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione: | Inglese |
| Record Nr.: | 9910458751703321 |
| Lo trovi qui: | Univ. Federico II |
| Opac: | Controlla la disponibilità qui |
Serie:
IMF working paper ; ; WP/14/148.