Government Size and Stochastic Growth

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Please use this identifier to cite or link to this item: https://irlib.pccu.edu.tw/handle/987654321/39356

Title:	Government Size and Stochastic Growth
Authors:	Lee, SC (Lee, Shin-Chyang) Wu, SF (Wu, Shang-Fen) Lee, CT (Lee, Cheng-Te)
Contributors:	國貿系
Keywords:	ECONOMIC-GROWTH ENDOGENOUS GROWTH EXPENDITURE COUNTRIES TAXES MODEL
Date:	2017-09
Issue Date:	2018-01-26 10:49:47 (UTC+8)
Abstract:	This paper analyses the effects of the size of government on economic growth in a stochastic endogenous growth model involving the supply-side effect and demand-side effect produced by government spending. We show that a rise in the government spending affects economic growth through three channels, including the crowding-out effect, the spin-off effect and the resource mobilisation effect. We demonstrate that there exists an optimal size of government that maximises the economic growth rate.
Relation:	AUSTRALIAN ECONOMIC PAPERS 卷: 56 期: 3 頁碼: 219-227
Appears in Collections:	[Department of International Trade 7 Graduate Institute of International Trade ] periodical articles

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