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Nigeria: Towards an Optimal Macroeconomic Management of Public Capital

M.D. Ayogo

Working Papers from African Economic Research Consortium

Abstract: This paper develops a framework for making decisions on the type of infrastructure to build and where to build. The Basic intuition is that by deriving the marginal physical products of installed infrastructure, we can prioritize infrastructure investment of the same type among regions, and of different types within a region.

Keywords: INVESTMENTS; REGIONAL ECONOMY; DEVELOPING COUNTRIES (search for similar items in EconPapers)
JEL-codes: R11 H54 R12 (search for similar items in EconPapers)
Date: 2000
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