The authors examine the impact of public infrastructure on private capital formation in three countries of the Middle East and North Africa-Egypt, Jordan, and Tunisia. They highlight various channels through which public infrastructure may affect private investment. Then they describe their empirical framework, which is based on a vector autoregression (VAR) model that accounts for flows and (quality-adjusted) stocks of public infrastructure, private...
Vea más
INFORMACIÓN
-
2005/07/01
-
Documento de trabajo sobre investigaciones relativas a políticas
-
WPS3661
-
1
-
1
-
2010/07/01
-
Disclosed
-
Public infrastructure and private investment in the Middle East and North Africa
-
private investment