Investing in Public Infrastructure

Roads or Schools?

Investing in Public Infrastructure
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 front-loaded for both types of... READ MORE...

Publication date: May 2017
ISBN 9781475595932
$18.00

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