excessively on a few maturing sectors with limited scope for productivity growth. Furthermore, public investment has been crowded …The paper analyzes Jamaica's experience of low growth despite consistently high investment. Cross-country analysis … provides evidence of a significant and negative relationship between total public debt and productivity growth. Looking at the …

productivity, and than uses a panel regression framework to analyze the growth impact of changes in various factors. Finally … net foreign and private domestic investment in GDP, a decline in the labor force, and a less favorable political and …

analyses of public capital productivity have generally been limited to the official capital stock estimates available in a … small sample of countries. Alternatively, many researchers have investigated the output effects of public investment …-recognizing that investment may be a poor proxy for the corresponding capital stock. This paper attempts to overcome the data shortage …

This paper studies the fiscal implications for the Beninese economy of scaling up of public investment when the …

Effective public investment requires governments to address the "recurrent cost problem" to ensure operations and …

investigate the effects of varying fiscal policy instruments one at a time and of policy packages that increase public investment … adjustment. A public investment program that coordinates new investment in low-cost hydroelectric, coal or gas-fired power with a …, stimulates private investment, and significantly reduces the fiscal deficit in the medium long term. More aggressive investment …

public investment. The Rwandan government has made clear its desire to lower its reliance on foreign aid while still … maintaining high public investment levels. We use the model of public investment, growth, and debt sustainability in Buffie et al …. (2012) to evaluate the macroeconomic consequences of a possible scaling-down of investment in Rwanda. Using the model, we …

This paper presents the DIGNAR (Debt, Investment, Growth, and Natural Resources) model, which can be used to analyze … the debt sustainability and macroeconomic effects of public investment plans in resource-abundant developing countries … capital enters production technologies, while public investment is subject to inefficiencies and absorptive capacity …

investment spending and growth and only in the same year, as lagged impacts are not significant. Furthermore, there is little … Ethiopia in recent years, as high public investment has coincided with high GDP growth, but it is probably too early to draw … spending boosts output in the short run. It argues against the importance of long term productivity effects, as these are …