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• W1977404191 abstract "Pritchett (J Econ Growth 5:361–384, 2000) convincingly argued that the difference between investment cost and capital value is of first-order empirical importance especially for developing countries where public investment is the primary source of investment. This paper constructs a public investment efficiency index that captures the institutional environment underpinning public investment management across four different stages: project appraisal, selection, implementation, and evaluation. Covering 71 countries, including 40 low-income countries, the index allows for benchmarking across regions and country groups and for nuanced policy-relevant analysis and identification of specific areas where reform efforts could be prioritized. Research applications are outlined." @default.
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• W1977404191 date "2012-03-22" @default.
• W1977404191 modified "2023-10-18" @default.
• W1977404191 title "Investing in public investment: an index of public investment efficiency" @default.
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• W1977404191 doi "https://doi.org/10.1007/s10887-012-9078-5" @default.
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