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The main objectives of regulatory reform and privatization of infrastructure in Brazil were to attract new private … infrastructure investment? Was it an error in diagnosis, faulted implementation or lack of additional supporting reforms? What … make the necessary corrections so as to produced the needed rise in infrastructure investment? This paper tries to answer …
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We estimate the causal impact of a sizable German infrastructure investment program on employment at the county level …
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This paper provides new evidence for the empirical literature that investigates the presence of political cycles in fiscal policy and, more precisely, public investments in Brazil. The approach differs from most of the studies for applying the state-space modeling. The greatest benefit is to...
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The paper investigates the impact the provision of public capital has on the demand for private capital and labour using a cost function with public capital included as a fixed unpaid factor of production. Special attention is paid to the examination of the influence tax vs. debt financing of...
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