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Public Capital, Economic Growth, and Welfare in an Endogenous Growth Model with the Weakest-Link Externality
https://doi.org/10.18999/ecos.68.2-3.1
https://doi.org/10.18999/ecos.68.2-3.1af282f6d-b593-45b8-8371-a4379e72ce85
名前 / ファイル | ライセンス | アクション |
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01_68_2-3_TAMAI-Toshiki.pdf (303.9 kB)
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Item type | 紀要論文 / Departmental Bulletin Paper(1) | |||||
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公開日 | 2020-12-15 | |||||
タイトル | ||||||
タイトル | Public Capital, Economic Growth, and Welfare in an Endogenous Growth Model with the Weakest-Link Externality | |||||
言語 | en | |||||
著者 |
TAMAI, Toshiki
× TAMAI, Toshiki |
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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 | Public capital | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | Weakest-link externality | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | Economic growth | |||||
抄録 | ||||||
内容記述 | This paper develops an endogenous growth model with private and public capital accumulation under the weakestlink externality. In the model, labor productivity is subject to the weakest-link externality, composed of the Marshall-Arrow- Romer externality and public capital as pure public goods. Emphasizing discussion of the dynamic equilibrium under the Marshall-Arrow-Romer extemality, this paper shows that the growth-maximizing tax rate differs from the output elasticity of public capital. Furthermore, the growth-maximizing tax rate is equivalent to the welfare-maximizing tax rate if the dynamic equilibrium is subject to the Marshall-Arrow-Romer extemality. | |||||
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 | |||||
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 | |||||
ID登録 | ||||||
ID登録 | 10.18999/ecos.68.2-3.1 | |||||
ID登録タイプ | JaLC | |||||
ISSN(print) | ||||||
収録物識別子タイプ | PISSN | |||||
収録物識別子 | 0022-9725 | |||||
ISSN(Online) | ||||||
収録物識別子タイプ | EISSN | |||||
収録物識別子 | 2434-5741 | |||||
書誌情報 |
ja : 経済科学 巻 68, 号 2-3, p. 1-9, 発行日 2020-12 |
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著者版フラグ | ||||||
値 | publisher |