Series: IMF Working Papers
Author(s): Shankha Chakraborty , and Era Dabla-Norris
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 July 2009
Keywords: Public Capital, private capital, investment spending, public investment spending, increasing returns,
This paper develops a growth model with specialized goods where inefficient and corrupt bureaucracies interact with the provision of public investment services in affecting the productivity of private capital, spec...