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Optimal production of public services in an endogenous growth model
https://kitakyu.repo.nii.ac.jp/records/732
https://kitakyu.repo.nii.ac.jp/records/732b999e2f8-b77a-4152-b21d-f008f9a4c5aa
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
(SR00551234MN)Noritaka Maebayashi (15.0 MB)
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| Item type | 紀要論文 / Departmental Bulletin Paper(1) | |||||
|---|---|---|---|---|---|---|
| 公開日 | 2020-04-27 | |||||
| タイトル | ||||||
| タイトル | Optimal production of public services in an endogenous growth model | |||||
| 言語 | en | |||||
| 言語 | ||||||
| 言語 | eng | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | Optimal production of public services | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | Productive government services | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | Endogenous growth | |||||
| 資源タイプ | ||||||
| 資源タイプ識別子 | http://purl.org/coar/resource_type/c_6501 | |||||
| 資源タイプ | departmental bulletin paper | |||||
| 著者 |
Maebayashi, Noritaka
× Maebayashi, Noritaka |
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| 抄録 | ||||||
| 内容記述タイプ | Abstract | |||||
| 内容記述 | This study investigates (i) the growth-maximizing, (ii) second-best, and (iii) first-best welfare-maximizing policies when the government produces productive public services using capital and private goods. When the production costs of public services are financed by income tax, the government spending-output ratio exceeds the output elasticity of public services (Pareto-optimal level) under the growth-maximizing or second-best welfare-maximizing policy. This leads to an over-use of resources by the government, over-provision of public services, and under-accumulation of capital in a decentralized economy. Subsidies on private investment, which is increasing in the contribution of publicly employed capital to final goods, can resolve these inefficiencies. | |||||
| 書誌情報 |
北九州市立大学商経論集 巻 55, 号 1・2・3・4合併号, p. 25-50, 発行日 2020-03 |
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| 出版者 | ||||||
| 出版者 | 北九州市立大学経済学会 | |||||
| ISSN | ||||||
| 収録物識別子タイプ | PISSN | |||||
| 収録物識別子 | 13472623 | |||||
| 書誌レコードID | ||||||
| 収録物識別子タイプ | NCID | |||||
| 収録物識別子 | AA11572872 | |||||
