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dc.contributor.authorArestoff, Florence
dc.contributor.authorHurlin, Christophe
dc.date.accessioned2010-12-07T15:38:27Z
dc.date.available2010-12-07T15:38:27Z
dc.date.issued2010-12
dc.identifier.urihttps://basepub.dauphine.fr/handle/123456789/5253
dc.language.isoenen
dc.subjectDeveloping Countriesen
dc.subjectCapital Stocksen
dc.subjectPublic Capitalen
dc.subject.ddc338.9en
dc.subject.classificationjelE62en
dc.subject.classificationjelE22en
dc.subject.classificationjelC82en
dc.titleAre Public Investment Efficient in Creating Capital Stock in Developing Countries?en
dc.typeArticle accepté pour publication ou publié
dc.contributor.editoruniversityotherUniversité d'Orléans;France
dc.description.abstractenIn many poor countries, the problem is not that governments do not invest, but that these investments do not create productive capital. So, the cost of public investments does not correspond to the value of the capital stocks. In this paper, we propose an original non parametric approach to evaluate the efficiency function that links variations (net of depreciation) of stocks to public investments. We consider four sectors (electricity, telecommunications, roads and railways) of two Latin American countries (Mexico and Colombia). We show that there is a large discrepancy between the amount of investments and the value of increases in stocks.en
dc.relation.isversionofjnlnameEconomics Bulletin
dc.relation.isversionofjnlvol30en
dc.relation.isversionofjnlissue4en
dc.relation.isversionofjnldate2010-12
dc.relation.isversionofjnlpages3177-3187en
dc.description.sponsorshipprivateouien
dc.relation.isversionofjnlpublisherVanderbilt Universityen
dc.subject.ddclabelCroissance et développement économiquesen


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