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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 and 2012, we find that the rate of growth of public investment is higher at the beginning of electoral cycles and...
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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 of electoral cycles and...
Persistent link: https://www.econbiz.de/10013015609
achieve the Millennium Development Goals (MDGs) with the support of the international donor community. The paper stresses that …
Persistent link: https://www.econbiz.de/10012780736
The recent development literature stresses that countries that receive large revenues from natural resource endowments … typically raise less revenue from domestic taxation, and that this creates governance problems because the lower domestic tax … that it is invariant to governance indicators …
Persistent link: https://www.econbiz.de/10012770402
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The recent development literature stresses that countries that receive large revenues from natural resource endowments … typically raise less revenue from domestic taxation, and that this creates governance problems because the lower domestic tax … that it is invariant to governance indicators. …
Persistent link: https://www.econbiz.de/10012685000