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

Iannis A. Mourmouras, Jong Eun Lee

    Research output: Contribution to journalArticle

    27 Citations (Scopus)

    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 languageEnglish
    Pages (from-to)395-407
    Number of pages13
    JournalEconomic and Business Bulletin
    Volume51
    Issue number5
    Publication statusPublished - 1999

    Keywords

    • Barro curve
    • Public investment
    • Uncertain lifetimes

    Fingerprint Dive into the research topics of 'Government spending on infrastructure in an endogenous growth model with finite horizons'. Together they form a unique fingerprint.

  • Cite this