English, Article, Journal or magazine article edition: Public Spending and Economic Growth Renato BALDUCCI

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/18983
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Public Spending and Economic Growth
Author
  • Renato BALDUCCI
Physical Description
  • preprint
Notes
  • My intention in this brief essay is to verify whether the results obtained by Barro (1990) and by Alesina and Rodrick (1994) in relation to the influence of public investments on the economy’s rate of growth are also confirmed when a share of public spending is allocated to public consumption in the economy’s utility function. Introducing a positive externality on private consumption into the intertemporal optimization problem seemingly generates less unequivocal results about the role of public spending policies. The latter no longer exert an effect on the growth of the economy solely through the positive externality in production induced by public investments; they also operate through a further channel which consists of consumption decisions and is therefore influenced both by the degree of substitutability between public and private consumption, and by the impatience to consume of households.
  • RePEc:anc:wpaper:183
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment