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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.54.3.492685924f-712e-4a24-96fa-ab7f7df104f4
名前 / ファイル | ライセンス | アクション |
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ecos_54_3_49.pdf (1.4 MB)
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Item type | 紀要論文 / Departmental Bulletin Paper(1) | |||||
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公開日 | 2008-09-17 | |||||
タイトル | ||||||
タイトル | Spillover Effect, Current Account, and the Composition of Government Expenditure | |||||
言語 | en | |||||
著者 |
KAWAHARA, Shinya
× KAWAHARA, Shinya |
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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 | |||||
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 | |||||
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.54.3.49 | |||||
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 | |||||
書誌情報 |
ja : 経済科学 巻 54, 号 3, p. 49-63, 発行日 2006-12-25 |
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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 |