Now or Later? The Political Economy of Public Investment in Democracies

Now or Later? The Political Economy of Public Investment in Democracies
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 and2012, we find that the rate of growth of public investment is higher at the beginning ofelectoral cycles and decelerates thereafter. The peak in public investment... READ MORE...

Publication date: July 2015
ISBN 9781513583853
$18.00

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