Indeterminacy and Government Spending in a Two-Sector Model of Endogenous Growth

Review of Economic Dynamics

Volumn 4, Issue 1, 2001, Pages 210-229

  Raurich, Xavier ^a  

^a UNIVERSITY OF GIRONA   (Spain)

Author keywords

Indeterminacy; government spending; two sector model; endogenous growth

Indexed keywords

EID: 0003350251     PISSN: 10942025     EISSN: None     Source Type: Journal    
DOI: 10.1006/redy.2000.0110     Document Type: Article

References (16)

1. Benhabib J., Perli R. Uniqueness and Indeterminacy: On the Dynamics of Endogenous Growth. Journal of Economic Theory. 63:1994;113-142.
2. Boldrin M., Rustichini A. Growth and Indeterminacy in Dynamic Models with Externalities. Econometrica. 62:1994;323-342.
3. Bond E., Wang P., Yip C. A General Two-Sector Model of Endogenous Growth with Human and Physical Capital: Balanced Growth and Transitional Dynamics. Journal of Economic Theory. 68:1996;149-173.
4. Caballé J., Santos M. On Endogenous Growth with Physical and Human Capital. Journal of Political Economy. 101:1993;1042-1067.
5. Chamley C. Externalities and Dynamics in Models of Learning or Doing. International Economic Review. 34:1993;583-609.
6. Devereux M, Love D. The Dynamic Effects of Government Spending Policies in a Two-Sector Endogenous Growth Model. Journal of Money, Credit and Banking. 27:1995;232-256.
7. Galí J. Government Size and Macroeconomic Stability. European Economic Review. 38:1994;117-132.
8. Galí J., Zilibotti F. Endogenous Growth and Poverty Traps in a Cournotian Model. Annales d'Economie et se Statistique. 37/38:1995.
9. Hall R. Intertemporal Substitution in Consumption. Journal of Political Economy. 96:1988;339-351.
10. Hansen L., Singleton K. Stochastic Consumption, Risk Aversion, and the Temporal Behavior of Asset Returns. Journal of Political Economy. 91:1983;249-265.
11. Mendoza E., Razin A., Tesar L. Effective Tax Rates in Macroeconomics. Cross-Country Estimates of Tax Rates on Factor Incomes and Consumption. Journal of Monetary Economics. 34:1994;297-323.
12. Mino K. Analysis of a Two-Sector Model of Endogenous Growth with Capital Income Taxation. International Economic Review. 37:1996;227-251.
13. Mulligan C., Sala-i-Martin X. Transitional Dynamics in Two-Sector Models of Endogenous Growth. Quarterly Journal of Economics. 108:1993;737-773.
14. Perli R., Sakellaris P. Human Capital Formation and Business Cycle Persistence. Journal of Monetary Economics. 42:1998;67-92.
15. Schmitt-Grohé S., Uribe M. Balanced-Budget Rules, Distortionary Taxes, and Aggregate Instability. Journal of Political Economy. 105:1997;976-1000.
16. Wang P., Yip C. Macroeconomic Effects of Factor Taxation with Endogenous Human Capital Evolution: Theory and Evidence. Southern Economic Journal. 61:1995;803-818.