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Long-Run Growth and Welfare in an Endogenous Growth Model with Productive Public Goods and Spillover Effects
http://hdl.handle.net/2237/25337
http://hdl.handle.net/2237/25337707c59e8-7586-49df-bbb4-3ab88737d631
名前 / ファイル | ライセンス | アクション |
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E16-9.pdf (498.9 kB)
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Item type | 紀要論文 / Departmental Bulletin Paper(1) | |||||
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公開日 | 2017-01-12 | |||||
タイトル | ||||||
タイトル | Long-Run Growth and Welfare in an Endogenous Growth Model with Productive Public Goods and Spillover Effects | |||||
言語 | en | |||||
著者 |
Tamai, Toshiki
× Tamai, Toshiki× Kitaura, Koji |
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アクセス権 | ||||||
アクセス権 | open access | |||||
アクセス権URI | http://purl.org/coar/access_right/c_abf2 | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | Productive public goods | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | Economic growth | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | Welfare | |||||
抄録 | ||||||
内容記述 | This paper develops a two-region model of endogenous growth with productive public goods, perfectly mobile capital, and immobile labor. Productive public goods have cross-border spillover effects, which mean that the production of one region is affected by the productive public good of another region. We investigate the interaction between regional fiscal policy, policy tasks of regional governments, and spillover effects under conditions of capital flight. Our analysis shows that regional governments, which have the task of maximizing regional welfare, fail to achieve this because of spillover effects. Further, it is shown that fiscal policy, with a common central government tax rate, also fails to maximize social welfare. Therefore, the Barro tax rule does not hold. | |||||
言語 | en | |||||
内容記述タイプ | Abstract | |||||
出版者 | ||||||
言語 | ja | |||||
出版者 | 名古屋大学大学院経済学研究科附属国際経済政策研究センター | |||||
言語 | ||||||
言語 | eng | |||||
資源タイプ | ||||||
資源 | http://purl.org/coar/resource_type/c_6501 | |||||
タイプ | departmental bulletin paper | |||||
出版タイプ | ||||||
出版タイプ | VoR | |||||
出版タイプResource | http://purl.org/coar/version/c_970fb48d4fbd8a85 | |||||
書誌情報 |
en : Economic Research Center Discussion Paper 号 E16-9, 発行日 2016-11 |
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著者版フラグ | ||||||
値 | publisher | |||||
シリーズ | ||||||
関連名称 | E-Series;E16-9 | |||||
URI | ||||||
識別子 | http://hdl.handle.net/2237/25337 | |||||
識別子タイプ | HDL |