Murty, K. N.; Soumya, A. - East Asian Bureau of Economic Research (EABER) - 2006
Counter factual policy simulations of sustained increase in public investment in infrastructure, financed through … infrastructure, which is 0.5% of GDP and 2.7% of total govt. revenue in 2000-03, can accelerate the real macro economic growth by 1 … extent, the steepest decline being for infrastructure price. Further, this increase in income will lead to 0.7% reduction in …