Hidden Bibliographic Details
| Other authors / contributors: | International Monetary Fund. Asia and Pacific Department, issuing body.
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| ISBN: | 151351511X
9781513515113
9781513515113
1513543830
9781513543833
1513543865
9781513543864
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| ISSN: | 1018-5941
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| Notes: | "February 2016."
"Asia Pacific Department."
Includes bibliographical references (pages 21-23).
Online resource; title from pdf title page (IMF.org Web site, viewed March 7, 2016).
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| Summary: | This paper explores the macroeconomic effects of improving public infrastructure in the Philippines. After benchmarking the Philippines relative to its neighbors in terms of level of public capital and quality of public infrastructure, and public investment efficiency, it uses model simulations to assess the macroeconomic implications of raising public investment and improving public investment efficiency. The main results are as follows: (i) increasing public infrastructure investment results in sustained gains in output; (ii) the effects of improving public investment efficiency are substantial; and (iii) deficit-financed increases in public investment lead to higher borrowing costs that constrain output increases over time, underscoring the importance of revenue mobilization. --Abstract.
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| Other form: | Print Version: Komatsuzaki, Takuji. Improving Public Infrastructure in the Philippines. Washington, D.C. : International Monetary Fund, 2016. 9781513515113
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| Standard no.: | 10.5089/9781513515113.001
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