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  1. A400 経済学部/経済学研究科
  2. A400b 紀要
  3. 経済科学
  4. 54(3)

Spillover Effect, Current Account, and the Composition of Government Expenditure

https://doi.org/10.18999/ecos.54.3.49
https://doi.org/10.18999/ecos.54.3.49
2685924f-712e-4a24-96fa-ab7f7df104f4
名前 / ファイル ライセンス アクション
ecos_54_3_49.pdf ecos_54_3_49.pdf (1.4 MB)
Item type 紀要論文 / Departmental Bulletin Paper(1)
公開日 2008-09-17
タイトル
タイトル Spillover Effect, Current Account, and the Composition of Government Expenditure
著者 KAWAHARA, Shinya

× KAWAHARA, Shinya

WEKO 24714

KAWAHARA, Shinya

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抄録
内容記述 This paper examines how changing the composition of government expenditure affects long-run levels of world interest rates, current accounts and welfare in a two-country overlapping generations model. We consider two types of government expenditure, one for production and the other for consumption. We show that if the complementarity between productive government expenditure and private capital is sufficiently small, increasing the composition of productive government expenditure in one country improves its current account. We also show that increasing the composition of productive government expenditure has a positive spillover effect on a country with a current account deficit but has an ambiguous effect on a country with a surplus. From dependence on the spillover effect, non-cooperative choices by two countries on the composition of government expenditure can be shown to differ from cooperative ones
内容記述タイプ Abstract
出版者
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
ID登録
ID登録 10.18999/ecos.54.3.49
ID登録タイプ JaLC
ISSN(print)
収録物識別子タイプ ISSN
収録物識別子 0022-9725
書誌情報 経済科学

巻 54, 号 3, p. 49-63, 発行日 2006-12-25
フォーマット
application/pdf
著者版フラグ
値 publisher
URI
識別子 http://hdl.handle.net/2237/10535
識別子タイプ HDL
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