This paper studies the economic incidence of the Public Investment Projects by Sectors in Real Gross Domestic Product of Bolivia. An econometric method that allowed analyzing and correlating figures of financial execution of projects according to economic sectors with the country's GDP was used, obtaining a model of multivariate linear regression. Official data were examined for the period 2000-2013, contemplating projects of all public entities of the country. It is concluded that the Public Investment Projects of Social Infrastructure Sectors are statistically significant and have approximately the same economic elasticity on Real GDP equal to 0.3\%. It demonstrate that these two variables have a positive impact on economic growth of the country. The results also show that the sectors of production and Multisectoral have no direct impact on GDP of Bolivia, they are statistically insignificant.
Keywords:
Public investment, public sector investment, economic growth
Párraga, R. (2016). Economic impact of sectoral public investment projects on Bolivia’s GDP (period 2000-2013). Journal Studies of Public Policy, 1(2), 17–33. https://doi.org/10.5354/0719-6296.2015.38426
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