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DESARROLLO, REESTRUCTURACIÓN DEL GASTO PÚUBLICO Y ALIANZAS PÚBLICO-PRIVADAS.
- Source :
-
Revista de Economía Institucional . 2018 primer semestre, Vol. 20 Issue 38, p185-207. 23p. - Publication Year :
- 2018
-
Abstract
- This paper analyzes the welfare effects of improvements in investment in education and infrastructure with public-private participation, in a fiscal framework of a small and open economy for the Colombian economy. A DSGE model is built where families make decisions on human capital and the government finances megaprojects by placing infrastructure bonds. The results suggest greater effects in the long-term adjustment and improvements in social welfare when public spending is focused on sectors with higher levels of employment and technological and innovation improvements are introduced. [ABSTRACT FROM AUTHOR]
Details
- Language :
- Spanish
- ISSN :
- 01245996
- Volume :
- 20
- Issue :
- 38
- Database :
- Academic Search Index
- Journal :
- Revista de Economía Institucional
- Publication Type :
- Academic Journal
- Accession number :
- 128963528
- Full Text :
- https://doi.org/10.18601/01245996.v20n38.08