教師資料查詢 | 類別: 會議論文 | 教師: 李順發 Shun-fa Lee (瀏覽個人網頁)

標題:Government financings in a two-sector endogenous growth model
學年97
學期2
發表日期2009/03/13
作品名稱Government financings in a two-sector endogenous growth model
作品名稱(其他語言)
著者Lee, Shun-fa
作品所屬單位淡江大學產業經濟學系
出版者Taipei, Taiwan : Department of Industrial Economics, Tamkang University
會議名稱2009 International Conference on Trade, Industrial and Regional Economics
會議地點Taipei, Taiwan
摘要We develop a two-sector endogenous growth model with productive externality and cash-in-advance (CIA) constraint on consumption purchases to assess the effects of two government fmancings (money fmancing and income-tax fmancing) on growth, inflation and welfare. We fmd that money fmancing is superior to income-tax fmancing from a growth perspective but the reverse is true from an inflation perspective. The optimal mix of both
fInancing to maximizing growth rate consists only of money fmancing and not of income taxation. In addition, from a welfare perspective, both ranking and optimal mix to maximizing welfare depend on the strength of productive externality under a small enough rate of time preference. Finally, if we add investment purchases into CIA constraint, the main results are also similar.
關鍵字public fmance; two-sector; productive externality; endogenous growth
語言英文
收錄於
會議性質國際
校內研討會地點淡水校園
研討會時間20090313~20090314
通訊作者Lee, Shun-fa
國別中華民國
公開徵稿Y
出版型式紙本
出處2009 International Conference on Trade, Industrial and Regional Economics, 31p
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