Government Size and Stochastic Growth

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题名:	Government Size and Stochastic Growth
作者:	Lee, SC (Lee, Shin-Chyang) Wu, SF (Wu, Shang-Fen) Lee, CT (Lee, Cheng-Te)
贡献者:	國貿系
关键词:	ECONOMIC-GROWTH ENDOGENOUS GROWTH EXPENDITURE COUNTRIES TAXES MODEL
日期:	2017-09
上传时间:	2018-01-26 10:49:47 (UTC+8)
摘要:	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.
關聯:	AUSTRALIAN ECONOMIC PAPERS 卷: 56 期: 3 頁碼: 219-227
显示于类别:	[國際貿易學系所] 期刊論文

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