{"id":"https://openalex.org/W1568501458","doi":null,"title":"Infrastructure Compression and Public Sector Solvency in Latin America","display_name":"Infrastructure Compression and Public Sector Solvency in Latin America","publication_year":2002,"publication_date":"2002-10-01","ids":{"openalex":"https://openalex.org/W1568501458","mag":"1568501458"},"language":"en","primary_location":{"id":"pmh:oai:RePEc:chb:bcchwp:187","doi":null,"is_oa":false,"landing_page_url":"https://www.bcentral.cl/documents/33528/133326/DTBC_187.pdf","pdf_url":"https://www.bcentral.cl/documents/33528/133326/DTBC_187.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},"volume":null,"type":"preprint","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5033958031","display_name":"C\u00e9sar Calder\u00f3n","orcid":"https://orcid.org/0000-0001-5028-6375","observed_orcids":["https://orcid.org/0000-0001-5028-6375"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"C\u00e9sar Calder\u00f3n","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0001-5028-6375","affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5036912381","display_name":"William Russell Easterly","orcid":"https://orcid.org/0000-0002-1207-2840","observed_orcids":["https://orcid.org/0000-0002-1207-2840"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"William Easterly","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0002-1207-2840","affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5082776387","display_name":"Luis Serv\u00e9n","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Luis Serv\u00e9n","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":46,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11770","display_name":"Fiscal Policy and Economic Growth","score":0.736299991607666,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11770","display_name":"Fiscal Policy and Economic Growth","score":0.736299991607666,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11621","display_name":"Fiscal Policies and Political Economy","score":0.26170000433921814,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12446","display_name":"Economic Growth and Fiscal Policies","score":0.0005000000237487257,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/austerity","display_name":"austerity","score":0.9700000286102295},{"id":"https://openalex.org/keywords/fiscal-consolidation","display_name":"fiscal consolidation","score":0.6370000243186951},{"id":"https://openalex.org/keywords/public-deficit","display_name":"public deficit","score":0.6029999852180481},{"id":"https://openalex.org/keywords/output-growth","display_name":"output growth","score":0.8140000104904175},{"id":"https://openalex.org/keywords/debt-repayment-capacity","display_name":"debt repayment capacity","score":0.8840000033378601},{"id":"https://openalex.org/keywords/latin-america","display_name":"Latin America","score":0.7310000061988831}],"concepts":[{"id":"https://openalex.org/C69828861","wikidata":"https://www.wikidata.org/wiki/Q2814650","display_name":"Austerity","level":3,"score":0.8940899968147278},{"id":"https://openalex.org/C2778215004","wikidata":"https://www.wikidata.org/wiki/Q1137437","display_name":"Solvency","level":3,"score":0.6972243189811707},{"id":"https://openalex.org/C147859227","wikidata":"https://www.wikidata.org/wiki/Q294217","display_name":"Public sector","level":2,"score":0.6551063060760498},{"id":"https://openalex.org/C2776330005","wikidata":"https://www.wikidata.org/wiki/Q7257917","display_name":"Public infrastructure","level":2,"score":0.6316543817520142},{"id":"https://openalex.org/C101173714","wikidata":"https://www.wikidata.org/wiki/Q7316933","display_name":"Retrenchment","level":2,"score":0.5879495739936829},{"id":"https://openalex.org/C158886217","wikidata":"https://www.wikidata.org/wiki/Q16799549","display_name":"Latin Americans","level":2,"score":0.5464861989021301},{"id":"https://openalex.org/C105639569","wikidata":"https://www.wikidata.org/wiki/Q582577","display_name":"Economic policy","level":1,"score":0.47877490520477295},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.47559747099876404},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.4568905830383301},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.4214106798171997},{"id":"https://openalex.org/C2776886223","wikidata":"https://www.wikidata.org/wiki/Q3558143","display_name":"Fiscal adjustment","level":3,"score":0.4150375425815582},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.40761110186576843},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.32652348279953003},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.2798919081687927},{"id":"https://openalex.org/C136264566","wikidata":"https://www.wikidata.org/wiki/Q159810","display_name":"Economy","level":1,"score":0.24249210953712463},{"id":"https://openalex.org/C183582576","wikidata":"https://www.wikidata.org/wiki/Q184783","display_name":"Market liquidity","level":2,"score":0.12341484427452087},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.07717108726501465},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C3116431","wikidata":"https://www.wikidata.org/wiki/Q31728","display_name":"Public administration","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"pmh:oai:RePEc:chb:bcchwp:187","doi":null,"is_oa":false,"landing_page_url":"https://www.bcentral.cl/documents/33528/133326/DTBC_187.pdf","pdf_url":"https://www.bcentral.cl/documents/33528/133326/DTBC_187.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"mag:1568501458","doi":null,"is_oa":false,"landing_page_url":"https://econpapers.repec.org/RePEc:chb:bcchwp:187","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/9","score":0.8970999717712402,"display_name":"Industry, innovation and infrastructure"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":4,"referenced_works":["https://openalex.org/W1520568548","https://openalex.org/W2069524234","https://openalex.org/W3123515577","https://openalex.org/W3123689642"],"related_works":["https://openalex.org/W1553588746","https://openalex.org/W1498462921","https://openalex.org/W1990023801","https://openalex.org/W1778064236","https://openalex.org/W3122044932","https://openalex.org/W3125959566","https://openalex.org/W348487696","https://openalex.org/W13135021","https://openalex.org/W153227559","https://openalex.org/W3125693872"],"abstract_inverted_index":{"Public":[0],"investment":[1,46],"and":[2,25,98,151,153],"infrastructure":[3,34,45,61,95,136,158],"spending":[4,62,73,159],"are":[5],"often":[6],"singled":[7],"out":[8],"for":[9,138],"drastic":[10],"cuts":[11,47,74,160],"at":[12],"times":[13],"of":[14,38,52,60,68,134,148,157],"fiscal":[15,55,145],"retrenchment.":[16],"Fiscal":[17],"austerity":[18,146],"in":[19,33,94,99,105,110],"Latin":[20,42,140],"America":[21],"during":[22,143],"the":[23,39,53,58,66,69,78,83,111,117,125,131,144,149,155],"1980s":[24,150],"1990s":[26],"was":[27],"characterized":[28],"by":[29],"a":[30,92,108,162],"sharp":[31],"contraction":[32],"spending.":[35],"In":[36,124],"5":[37],"9":[40],"major":[41,139],"American":[43,141],"countries,":[44],"contributed":[48],"half":[49],"or":[50],"more":[51],"total":[54],"adjustment.":[56],"However,":[57],"compression":[59,137],"does":[63],"not":[64,75],"guarantee":[65],"sustainability":[67],"public":[70,79,84,118,135,166],"sector.":[71],"Infrastructure":[72],"only":[76],"reduce":[77],"deficit":[80],"(thereby":[81],"raising":[82],"sector\u2019s":[85],"net":[86,120],"worth)":[87],"but":[88],"also":[89],"leads":[90],"to":[91,164],"decline":[93],"stock":[96],"accumulation":[97],"output":[100],"growth":[101,132],"as":[102,161],"well.":[103],"This":[104],"turn":[106],"implies":[107],"reduction":[109],"economy\u2019s":[112],"debt-servicing":[113],"capacity,":[114],"thus":[115],"weakening":[116],"sector":[119,167],"worth":[121],"(Easterly,":[122],"2001).":[123],"present":[126],"paper":[127],"we":[128],"quantitatively":[129],"assess":[130],"cost":[133],"economies":[142],"period":[147],"1990s,":[152],"examine":[154],"effectiveness":[156],"device":[163],"enhance":[165],"solvency.":[168]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":3},{"year":2016,"cited_by_count":1},{"year":2014,"cited_by_count":2},{"year":2013,"cited_by_count":1}],"updated_date":"2026-11-10T11:39:43.021295","created_date":"2016-06-24T00:00:00"}