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Fiscal policy in an endogenous-growth model with public investment: A note (1998)

Greiner, Alfred

Springer

Journal of economics 68 (1998), S. 193-198

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ISSN: 1617-7134

Keywords: endogenous growth ; welfare ; public investment ; fiscal policy ; O41 ; H20 ; E62

Source: Springer Online Journal Archives 1860-2000

Topics: Economics

Notes: Abstract 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.

Type of Medium: Electronic Resource

URL: http://dx.doi.org/10.1007/BF01237191

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