, unanticipated delays in the provision of public capital generate too much consumption and too little private investment relative to … public goods, a social planner allocates more resources to private investment and less to consumption relative to the first …

, unanticipated delays in the provision of public capital generate too much consumption and too little private investment relative to … public goods, a social planner allocates more resources to private investment and less to consumption relative to the first …

, unanticipated delays in the provision of public capital generate too much consumption and too little private investment relative to … public goods, a social planner allocates more resources to private investment and less to consumption relative to the first …

In this article we present an endogenous growth model with productive public investment in infrastructure capital …. Further, we suppose that the government pays lump-sum transfers to the household and subsidizes private investment. First, we … that variable depends on other fiscal parameters. Further, growth effects of varying the investment subsidy rate and of …

investment associated with the main underlying transmission channels. Typically, this type of stimulus fosters economic activity … infrastructure gaps in most emerging and advanced economies, infrastructure investment could have high returns in terms of … individuals’ welfare and productivity growth. Strengthening health infrastructures, supporting maintenance investment, and …