@misc{29529,
title = {On the Dynamics of the Projects Approval Process},
author = {Avellán, Leopoldo and Leon-Diaz, John},
year = {2020},
doi = {10.18235/0002953},
abstract = {This technical note analyzes specific project- and country-level characteristics that affect the duration of the projects approval process from year to year and builds a framework to characterize projects that would require further monitoring to complete their approval process. We present evidence that the number of team leaders changes, the time that a project remains in pipeline A, the size of a project relative to the pipeline of its country, and whether it is an electoral year in a given country affect the rate at which projects are approved. These empirical regularities can support the projects preparation process and better allocate resources and efforts to optimize approval times.},
url = {https://doi.org/10.18235/0002953}
}
