How Long to Read Investment Scaling-up and the Role of Government: the Case of Benin

By Matteo Ghilardi

How Long Does it Take to Read Investment Scaling-up and the Role of Government: the Case of Benin?

It takes the average reader and 30 minutes to read Investment Scaling-up and the Role of Government: the Case of Benin by Matteo Ghilardi

Assuming a reading speed of 250 words per minute. Learn more

Description

This paper studies the fiscal implications for the Beninese economy of scaling up of public investment when the government is subject to inefficiencies on the spending and on the tax collection side. While scaling up of public investments results in higher long-run output and consumption levels, a fiscal stabilization package is required in order to preserve fiscal sustainability. A welfare analysis shows that consumers’ welfare is increased when the government smoothes the fiscal adjustment via higher borrowing. Moreover, the comparison between several stabilization packages highlights the fact that higher welfare is achieved when the government relies mostly on taxation of capital as this allows higher levels of consumption to materialize earlier. Lower fiscal costs can however be achieved if the government manages to reduce inefficiency in tax collection. Finally, we consider a change in the trade regime that causes a decline in revenues. We find that the higher fiscal burden required to preserve fiscal sustainability would completely wipe out the welfare gain of higher public investments.

How long is Investment Scaling-up and the Role of Government: the Case of Benin?

Investment Scaling-up and the Role of Government: the Case of Benin by Matteo Ghilardi is 30 pages long, and a total of 7,500 words.

This makes it 10% the length of the average book. It also has 9% more words than the average book.

How Long Does it Take to Read Investment Scaling-up and the Role of Government: the Case of Benin Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 40 minutes to read Investment Scaling-up and the Role of Government: the Case of Benin aloud.

What Reading Level is Investment Scaling-up and the Role of Government: the Case of Benin?

Investment Scaling-up and the Role of Government: the Case of Benin is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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