메뉴 건너뛰기




Volumn 4, Issue 4, 2011, Pages 269-285

Government spending and growth in a neoclassical model

Author keywords

Fiscal policy; Neoclassical and augmented growth models; Public spending composition

Indexed keywords


EID: 79956013976     PISSN: 18629679     EISSN: 18629660     Source Type: Journal    
DOI: 10.1007/s11579-011-0045-2     Document Type: Article
Times cited : (13)

References (45)
  • 1
    • 0031067162 scopus 로고    scopus 로고
    • Growth and the public sector: a critical review essay
    • Agell J., Lindh T., Ohlsson H.: Growth and the public sector: a critical review essay. Eur. J. Polit. Econ. 13(1), 33-52 (1997).
    • (1997) Eur. J. Polit. Econ. , vol.13 , Issue.1 , pp. 33-52
    • Agell, J.1    Lindh, T.2    Ohlsson, H.3
  • 2
    • 0029508814 scopus 로고
    • A normative analysis of public capital
    • Ai C., Cassou S. P.: A normative analysis of public capital. Appl. Econ. 2, 1201-1209 (1995).
    • (1995) Appl. Econ. , vol.2 , pp. 1201-1209
    • Ai, C.1    Cassou, S.P.2
  • 3
    • 84962698725 scopus 로고
    • The economic implications of learning by doing
    • Arrow K. J.: The economic implications of learning by doing. Rev. Econ. Stud. 29, 155-173 (1962).
    • (1962) Rev. Econ. Stud. , vol.29 , pp. 155-173
    • Arrow, K.J.1
  • 4
    • 0344757415 scopus 로고
    • Optimal public investment policy and controllability with fixed private savings ratio
    • Arrow K. J., Kurz M.: Optimal public investment policy and controllability with fixed private savings ratio. J. Econ. Theory 1, 141-177 (1969).
    • (1969) J. Econ. Theory , vol.1 , pp. 141-177
    • Arrow, K.J.1    Kurz, M.2
  • 5
    • 45249127754 scopus 로고
    • Is public expenditure productive?
    • Aschauer D. A.: Is public expenditure productive?. J. Monet. Econ. 23, 177-200 (1989).
    • (1989) J. Monet. Econ. , vol.23 , pp. 177-200
    • Aschauer, D.A.1
  • 6
    • 0034071066 scopus 로고    scopus 로고
    • Public capital and economic growth: issues of quantity finance, and efficiency
    • Aschauer D. A.: Public capital and economic growth: issues of quantity finance, and efficiency. Econ. Dev. Cult. Change 48(2), 391-406 (2000).
    • (2000) Econ. Dev. Cult. Change , vol.48 , Issue.2 , pp. 391-406
    • Aschauer, D.A.1
  • 8
    • 0031831313 scopus 로고    scopus 로고
    • Productivity of public spending, sectoral allocation choices, and economic growth
    • Baffes J., Shah A.: Productivity of public spending, sectoral allocation choices, and economic growth. Econ. Dev. Cult. Change 46, 291-303 (1998).
    • (1998) Econ. Dev. Cult. Change , vol.46 , pp. 291-303
    • Baffes, J.1    Shah, A.2
  • 9
    • 0034394401 scopus 로고    scopus 로고
    • A further generalization of the Solow growth model: the role of the public sector
    • Bajo-Rubio O.: A further generalization of the Solow growth model: the role of the public sector. Econ. Lett. 68, 79-84 (2000).
    • (2000) Econ. Lett. , vol.68 , pp. 79-84
    • Bajo-Rubio, O.1
  • 10
    • 84936526726 scopus 로고
    • Government spending in a simple model of endogenous growth
    • Barro R. J.: Government spending in a simple model of endogenous growth. J. Polit. Econ. 98, 103-125 (1990).
    • (1990) J. Polit. Econ. , vol.98 , pp. 103-125
    • Barro, R.J.1
  • 13
    • 79956034415 scopus 로고    scopus 로고
    • Size and composition of public spending in a neoclassical growth model
    • Carboni O. A., Medda G.: Size and composition of public spending in a neoclassical growth model. Metroeconomica 1, 150-170 (2011).
    • (2011) Metroeconomica , vol.1 , pp. 150-170
    • Carboni, O.A.1    Medda, G.2
  • 14
    • 0039647674 scopus 로고
    • Government spending, taxes, and economic growth
    • Cashin P.: Government spending, taxes, and economic growth. IMF Staff Pap. 42, 237-269 (1995).
    • (1995) IMF Staff Pap. , vol.42 , pp. 237-269
    • Cashin, P.1
  • 15
    • 30744444411 scopus 로고    scopus 로고
    • Economic growth with an optimal public spending composition
    • Chen B.: Economic growth with an optimal public spending composition. Oxford Econ. Pap. 58, 123-136 (2006).
    • (2006) Oxford Econ. Pap. , vol.58 , pp. 123-136
    • Chen, B.1
  • 17
    • 0030115663 scopus 로고    scopus 로고
    • The composition of public expenditure and economic growth
    • Devarajan S., Swaroop V., Zou H.: The composition of public expenditure and economic growth. J. Monet. Econ. 37, 313-344 (1996).
    • (1996) J. Monet. Econ. , vol.37 , pp. 313-344
    • Devarajan, S.1    Swaroop, V.2    Zou, H.3
  • 18
    • 0000322474 scopus 로고    scopus 로고
    • Public investment, congestion, and private capital accumulation
    • Fisher W. H., Turnovsky S. J.: Public investment, congestion, and private capital accumulation. Econ. J. 108, 399-412 (1998).
    • (1998) Econ. J. , vol.108 , pp. 399-412
    • Fisher, W.H.1    Turnovsky, S.J.2
  • 19
    • 21344490337 scopus 로고
    • Dynamic analysis of an endogenous growth model with public capital
    • Futagami K., Morita H., Shibata A.: Dynamic analysis of an endogenous growth model with public capital. Scand. J. Econ. 95, 607-625 (1993).
    • (1993) Scand. J. Econ. , vol.95 , pp. 607-625
    • Futagami, K.1    Morita, H.2    Shibata, A.3
  • 20
    • 47049118390 scopus 로고    scopus 로고
    • The composition of government spending and growth: is current or capital spending better?
    • Ghosh S., Gregoriou A.: The composition of government spending and growth: is current or capital spending better?. Oxford Econ. Pap. 60, 484-516 (2008).
    • (2008) Oxford Econ. Pap. , vol.60 , pp. 484-516
    • Ghosh, S.1    Gregoriou, A.2
  • 22
    • 13444286462 scopus 로고
    • Public investment in infrastructure in a simple growth model
    • Glomm G., Ravikumar B.: Public investment in infrastructure in a simple growth model. J. Econ. Dyn. Control 18, 1173-1187 (1994).
    • (1994) J. Econ. Dyn. Control , vol.18 , pp. 1173-1187
    • Glomm, G.1    Ravikumar, B.2
  • 23
    • 0030636888 scopus 로고    scopus 로고
    • Productive government expenditures and long-run growth
    • Glomm G., Ravikumar B.: Productive government expenditures and long-run growth. J. Econ. Dyn. Control 21, 183-204 (1997).
    • (1997) J. Econ. Dyn. Control , vol.21 , pp. 183-204
    • Glomm, G.1    Ravikumar, B.2
  • 24
    • 84996849390 scopus 로고    scopus 로고
    • Growth and public infrastructure
    • Hashimzade H., Myles G. D.: Growth and public infrastructure. Macroecon. Dyn. 14(Supplement 2), 258-274 (2010).
    • (2010) Macroecon. Dyn. , vol.14 , Issue.SUPPL. 2 , pp. 258-274
    • Hashimzade, H.1    Myles, G.D.2
  • 25
    • 0038710361 scopus 로고    scopus 로고
    • What have we learnt from the convergence debate?
    • Islam N.: What have we learnt from the convergence debate?. J. Econ. Surv. 17, 309-362 (2003).
    • (2003) J. Econ. Surv. , vol.17 , pp. 309-362
    • Islam, N.1
  • 26
    • 0025624629 scopus 로고
    • Public policy and economic growth: developing neoclassical implications
    • King R. G., Rebelo S.: Public policy and economic growth: developing neoclassical implications. J. Polit. Econ. 98, S126-S150 (1990).
    • (1990) J. Polit. Econ. , vol.98
    • King, R.G.1    Rebelo, S.2
  • 27
    • 0000235745 scopus 로고    scopus 로고
    • Fiscal policy and growth: evidence from OECD countries
    • Kneller R., Bleaney M. F., Gemmell N.: Fiscal policy and growth: evidence from OECD countries. J. Public Econ. 74, 171-190 (1999).
    • (1999) J. Public Econ. , vol.74 , pp. 171-190
    • Kneller, R.1    Bleaney, M.F.2    Gemmell, N.3
  • 28
    • 38249009068 scopus 로고
    • Optimal size and composition of government spending
    • Lee J.: Optimal size and composition of government spending. J. Jpn. Int. Econ. 6, 423-439 (1992).
    • (1992) J. Jpn. Int. Econ. , vol.6 , pp. 423-439
    • Lee, J.1
  • 29
    • 0026959873 scopus 로고
    • A sensitivity analysis of cross-country growth regressions
    • Levine R., Renelt D.: A sensitivity analysis of cross-country growth regressions. Am. Econ. Rev. 82, 942-963 (1992).
    • (1992) Am. Econ. Rev. , vol.82 , pp. 942-963
    • Levine, R.1    Renelt, D.2
  • 30
    • 84960609322 scopus 로고
    • A contribution to the empirics of economic growth
    • Mankiw N. G., Romer D., Weil D. N.: A contribution to the empirics of economic growth. Q. J. Econ. 107, 407-437 (1992).
    • (1992) Q. J. Econ. , vol.107 , pp. 407-437
    • Mankiw, N.G.1    Romer, D.2    Weil, D.N.3
  • 31
    • 39049121750 scopus 로고    scopus 로고
    • Revisiting the optimal stationary public investment policy in endogenous growth economies
    • Marrero G. A.: Revisiting the optimal stationary public investment policy in endogenous growth economies. Macroecon. Dyn. 12, 172-194 (2008).
    • (2008) Macroecon. Dyn. , vol.12 , pp. 172-194
    • Marrero, G.A.1
  • 32
    • 75749138459 scopus 로고    scopus 로고
    • Tax-mix, public spending composition and growth
    • Marrero G. A.: Tax-mix, public spending composition and growth. J. Econ. 99, 29-51 (2010).
    • (2010) J. Econ. , vol.99 , pp. 29-51
    • Marrero, G.A.1
  • 33
    • 0001017457 scopus 로고    scopus 로고
    • On the taxation of human and physical capital in models of endogenous growth
    • Milesi-Ferretti G. M., Roubini N.: On the taxation of human and physical capital in models of endogenous growth. J. Public Econ. 70, 237-254 (1998).
    • (1998) J. Public Econ. , vol.70 , pp. 237-254
    • Milesi-Ferretti, G.M.1    Roubini, N.2
  • 34
    • 0242350934 scopus 로고    scopus 로고
    • Time-series evidence on the nonlinearity hypothesis for public spending
    • Mittnik S., Neumann T.: Time-series evidence on the nonlinearity hypothesis for public spending. Econ. Inq. 41, 565-573 (2003).
    • (2003) Econ. Inq. , vol.41 , pp. 565-573
    • Mittnik, S.1    Neumann, T.2
  • 35
    • 0030418723 scopus 로고    scopus 로고
    • State infrastructure and productive performance
    • Morrison C. J., Schwartz A. E.: State infrastructure and productive performance. Am. Econ. Rev. 86, 1095-1111 (1996).
    • (1996) Am. Econ. Rev. , vol.86 , pp. 1095-1111
    • Morrison, C.J.1    Schwartz, A.E.2
  • 36
    • 1142303034 scopus 로고    scopus 로고
    • Meta-analysis of the effect of fiscal policies on long-run growth
    • Nijkamp P., Poot J.: Meta-analysis of the effect of fiscal policies on long-run growth. Eur. J. Polit. Econ. 20, 91-124 (2004).
    • (2004) Eur. J. Polit. Econ. , vol.20 , pp. 91-124
    • Nijkamp, P.1    Poot, J.2
  • 37
    • 0030377423 scopus 로고    scopus 로고
    • A further augmentation of the Solow model and the empirics of economic growth for OECD countries
    • Nonneman W., Vanhoudt P.: A further augmentation of the Solow model and the empirics of economic growth for OECD countries. Q. J. Econ. 111, 943-953 (1996).
    • (1996) Q. J. Econ. , vol.111 , pp. 943-953
    • Nonneman, W.1    Vanhoudt, P.2
  • 38
    • 84936440554 scopus 로고
    • Government size and economic growth: a new framework and some evidence from cross-section and time-series data
    • Ram R.: Government size and economic growth: a new framework and some evidence from cross-section and time-series data. Am. Econ. Rev. 76, 191-203 (1986).
    • (1986) Am. Econ. Rev. , vol.76 , pp. 191-203
    • Ram, R.1
  • 39
    • 0442283804 scopus 로고
    • What do cross-country studies teach about government involvement, prosperity, and economic growth?
    • Slemrod J.: What do cross-country studies teach about government involvement, prosperity, and economic growth?. Brook. Pap. Econ. Act. 2, 373-415 (1995).
    • (1995) Brook. Pap. Econ. Act. , vol.2 , pp. 373-415
    • Slemrod, J.1
  • 40
    • 84959849294 scopus 로고
    • A contribution to the theory of economic growth
    • Solow R. M.: A contribution to the theory of economic growth. Q. J. Econ. 70, 65-94 (1956).
    • (1956) Q. J. Econ. , vol.70 , pp. 65-94
    • Solow, R.M.1
  • 41
    • 84979188382 scopus 로고
    • Economic growth and capital accumulation
    • Swan T. W.: Economic growth and capital accumulation. Econ. Rec. 32, 334-361 (1956).
    • (1956) Econ. Rec. , vol.32 , pp. 334-361
    • Swan, T.W.1
  • 42
    • 0041182405 scopus 로고    scopus 로고
    • Social capability and economic growth
    • Temple J., Johnson P. A.: Social capability and economic growth. Q. J. Econ. 113, 965-990 (1998).
    • (1998) Q. J. Econ. , vol.113 , pp. 965-990
    • Temple, J.1    Johnson, P.A.2
  • 43
    • 0001994560 scopus 로고    scopus 로고
    • The new growth evidence
    • Temple J.: The new growth evidence. J. Econ. Lit. 37, 112-156 (1999).
    • (1999) J. Econ. Lit. , vol.37 , pp. 112-156
    • Temple, J.1
  • 44
    • 0000517213 scopus 로고
    • The composition of government expenditure and its consequences for macroeconomic performance
    • Turnovsky S. J., Fisher W. H.: The composition of government expenditure and its consequences for macroeconomic performance. J. Econ. Dyn. Control 19, 747-786 (1995).
    • (1995) J. Econ. Dyn. Control , vol.19 , pp. 747-786
    • Turnovsky, S.J.1    Fisher, W.H.2
  • 45
    • 0038674853 scopus 로고    scopus 로고
    • Fiscal policy and economic growth
    • Zagler M., Dürnecker G.: Fiscal policy and economic growth. J. Econ. Surv. 17, 397-418 (2003).
    • (2003) J. Econ. Surv. , vol.17 , pp. 397-418
    • Zagler, M.1    Dürnecker, G.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.