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Politico-Economic Determinants of the Crowding-In Effects of Public Investments in Developing Countries

Atukeren, Erdal - 2006

This study investigates the politico-economic determinants of the crowding-in effects of public investments in a cross-section of 25 developing countries for the 1975-2000 period using multivariate probit analysis. The estimation results show that public fixed capital investments may crowd in...

Persistent link: https://www.econbiz.de/10014059703

Are developing countries catching up?

Popov, Vladimir V.; Jomo Kwame Sundaram - In: Cambridge journal of economics 42 (2018) 1, pp. 33-46

Persistent link: https://www.econbiz.de/10012122655

Economic growth, environmental constraints and convergence : the declining growth premium for developing economies

Blampied, Nicolás - In: Ecological economics : the transdisciplinary journal of … 181 (2021), pp. 1-8

Persistent link: https://www.econbiz.de/10012873267

Is the Public Investment Multiplier Higher in Developing Countries? An Empirical Exploration

Izquierdo, Alejandro - 2020

Over the last decade, empirical studies analyzing macroeconomic conditions that may affect the size of government spending multipliers have flourished. Yet, in spite of their obvious public policy importance, little is known about public investment multipliers. In particular, the clear...

Persistent link: https://www.econbiz.de/10012843305

Debt, Investment, and Growth in Developing Countries with Segmented Labor Markets

Buffie, Edward F. - 2020

We introduce a new suite of macroeconomic models that extend and complement the Debt, Investment, and Growth (DIG) model widely used at the IMF since 2012. The new DIG-Labor models feature segmented labor markets, efficiency wages and open unemployment, and an informal non-agricultural sector....

Persistent link: https://www.econbiz.de/10012828060

Loss-of-Learning and the Post-COVID Recovery in Low-Income Countries

Buffie, Edward F.; Adam, Christopher S.; Zanna, Luis-Felipe - 2022

We analyze the medium-term macroeconomic impact of the Covid-19 pandemic and associated lock-down measures on low-income countries. We focus on the impact over the medium-run of the degradation of health and human capital caused by the pandemic and its aftermath, exploring the trade-offs between...

Persistent link: https://www.econbiz.de/10013295135

Optimal public investment in resource-rich low-income countries

Algozhina, Aliya - 2020

Recent studies have found that resource-rich low-income countries are better off investing their resource revenues domestically rather than saving them abroad in a sovereign wealth fund (SWF). This paper finds an optimal rule-based policy of accumulating public capital and its associated public...

Persistent link: https://www.econbiz.de/10014533530

Investing in Public Infrastructure : Roads or Schools?

Atolia, Manoj - 2017

Why do governments in developing economies invest in roads and not enough in schools? In the presence of distortionary taxation and debt aversion, the different pace at which roads and schools contribute to economic growth turns out to be central to this decision. Specifically, while costs are...

Persistent link: https://www.econbiz.de/10012945687

Weather and income : lessons from the main European regions

García-León, David - 2015

Some recent papers by Dell et al. (2009) and Dell et al. (2012) (DJO) relating weather and economic outcomes, have delivered meaningful messages with clear implications to the effects of a changing climate. In a nutshell, the authors claim that a 1°C increase in global average temperatures...

Persistent link: https://www.econbiz.de/10010517704

On the water-energy-food nexus: is there multivariate convergence?

Bollino, Carlo Andrea; Galeotti, Marzio - 2021

This paper provides new evidence on the convergence process of energy, water and food per capita consumption levels for … multivariate sigma and beta-convergence. The results reveal that there is evidence of sigma- absolute beta- and conditional beta-convergence … impact of each variable on the others in the analyzed countries. The speed of convergence is simulated to assess when the …

Persistent link: https://www.econbiz.de/10012487810