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Information Disclosure and the Performance of Public Investment. The Case of Costa Rica

Martín Rossi, Antonia Vazquez and Juan Cruz Vieyra

No 4424, Asociación Argentina de Economía Política: Working Papers from Asociación Argentina de Economía Política

Abstract: This paper provides experimental evidence about the causal impact of publishing information related to public investment projects on the performance of these projects. Specifically, it analyzes the impact of the launch of the website MapaInversiones on the physical and financial progress of public investment projects in Costa Rica. The study finds that published projects (the treatment group) perform better than unpublished projects (the control group). Three months after the release of MapaInversiones, financial progress of public investment projects uploaded onto the platform increased by 18 percentage points, and physical progress increased by 8 percentage points compared to unpublished projects. A year after the intervention, financial progress of treated projects was approximately 15 percentage points higher relative to control projects, while the increase in physical progress after one year of launching the platform was approximately 1 percent.

Keywords: digital innovation; efficiency; investment projects; monitoring; transparency (search for similar items in EconPapers)
JEL-codes: D73 H50 H83 L78 O31 O54 (search for similar items in EconPapers)
Pages: 16 pages
Date: 2020-11
New Economics Papers: this item is included in nep-ppm and nep-reg
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