Now or Later The Political Economy of Public Investment in Democracies is popular PDF and ePub book, written by Mr.Sanjeev Gupta in 2015-07-27, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Now or Later The Political Economy of Public Investment in Democracies can be Read Online from any device for your convenience.
Now or Later The Political Economy of Public Investment in Democracies Book PDF Summary
This paper explores the impact of political and institutional variables on public investment. Working with a sample of 80 presidential and parliamentary democracies between 1975 and 2012, we find that the rate of growth of public investment is higher at the beginning of electoral cycles and decelerates thereafter. The peak in public investment growth occurs between 21 and 25 months before elections. Cabinet ideology and government fragmentation influence the size of investment booms. More parties in government are associated with smaller increases in public investment while left-wing cabinets are associated with higher sustained increases in investment. Stronger institutions help attenuate the impact of elections on investment, but available information is insufficient to draw definitive conclusions.
Detail Book of Now or Later The Political Economy of Public Investment in Democracies PDF
- Author : Mr.Sanjeev Gupta
- Release : 27 July 2015
- Publisher : International Monetary Fund
- ISBN : 9781513583853
- Genre : Business & Economics
- Total Page : 38 pages
- Language : English
- PDF File Size : 16,6 Mb
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