Fiscal policy in an endogenous-growth model with public investment: a note

被引:9
作者
Greiner, A [1 ]
机构
[1] Univ Augsburg, Dept Econ, D-86135 Augsburg, Germany
来源
JOURNAL OF ECONOMICS-ZEITSCHRIFT FUR NATIONALOKONOMIE | 1998年 / 68卷 / 02期
关键词
endogenous growth; welfare; public investment; fiscal policy;
D O I
10.1007/BF01237191
中图分类号
F [经济];
学科分类号
02 ;
摘要
This note extends the basic endogenous-growth model by Barro [Journal of Political Economy (1990) 98: S103-S125]. It is supposed that the government pays lump-sum transfers to the representative household or levies a lump-sum tax, besides financing public investment. Growth and welfare effects of fiscal policy are studied for the competitive economy and the growth rate of the social optimum is compared with the one of the competitive economy.
引用
收藏
页码:193 / 198
页数:6
相关论文
共 1 条
[1]   GOVERNMENT SPENDING IN A SIMPLE-MODEL OF ENDOGENOUS GROWTH [J].
BARRO, RJ .
JOURNAL OF POLITICAL ECONOMY, 1990, 98 (05) :S103-S125