Abiad, Abdul; Debuque-Gonzales, Margarita; Sy, Andrea Loren - 2017
We examine the evolution of infrastructure, and the impact of infrastructure investment, in middleincome countries … (MICs). We document how different types of infrastructure stocks, as well as infrastructure investment, vary with the level … identify exogenous public investment shocks and investigate the macroeconomic impact of these shocks. We find that the …