Government spending on infrastructure in an endogenous growth model with finite horizons

Iannis A. Mourmouras; Jong Eun Lee

Government spending on infrastructure in an endogenous growth model with finite horizons

Iannis A. Mourmouras, Jong Eun Lee

Research output: Contribution to journal › Article › peer-review

Abstract

This paper examines the effects of government spending on infrastructure within an endogenous growth model populated by consumers with finite horizons. It highlights the role of finite horizons in such a framework, and also compares and contrasts the effects of government spending on macroeconomic performance and individual utility with those obtained in the infinite horizon representative model. © 1999 Elsevier Science Inc.

Original language	English
Pages (from-to)	395-407
Number of pages	13
Journal	Economic and Business Bulletin
Volume	51
Issue number	5
Publication status	Published - 1999

Keywords

Barro curve
Public investment
Uncertain lifetimes

Cite this

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title = "Government spending on infrastructure in an endogenous growth model with finite horizons",

abstract = "This paper examines the effects of government spending on infrastructure within an endogenous growth model populated by consumers with finite horizons. It highlights the role of finite horizons in such a framework, and also compares and contrasts the effects of government spending on macroeconomic performance and individual utility with those obtained in the infinite horizon representative model. {\textcopyright} 1999 Elsevier Science Inc.",

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AB - This paper examines the effects of government spending on infrastructure within an endogenous growth model populated by consumers with finite horizons. It highlights the role of finite horizons in such a framework, and also compares and contrasts the effects of government spending on macroeconomic performance and individual utility with those obtained in the infinite horizon representative model. © 1999 Elsevier Science Inc.

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KW - Public investment

KW - Uncertain lifetimes

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JO - Economic and Business Bulletin

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Government spending on infrastructure in an endogenous growth model with finite horizons

Abstract

Keywords

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