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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Full text (MCPHS users only) |
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| Main Authors: | , , |
| Corporate Author: | |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
[Washington, D.C.] :
International Monetary Fund,
2012
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| Series: | IMF working paper ;
WP/12/200. |
| Subjects: | |
| Local Note: | ProQuest Ebook Central |
