Jalles, João Tovar; Park, Donghyun; Aleem, Irfan - 2024
This paper analyzes the growth impact of public and private investment shocks based on a large sample of emerging and … developing countries over the period 1980-2021 with a particular focus on the Asian region. We develop new measures of investment … shocks based on cyclically adjusted investment data. Estimations using local projections suggest that public investment …