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  • Search: subject:"Wasteful public expenditure"
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Subject
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Distorting taxes 1 Endogenous growth 1 Public investment 1 Wasteful public expenditure 1
Online availability
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Free 1
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Book / Working Paper 1
Language
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English 1
Author
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Marrero, Gustavo A. 1 Novales, Alfonso 1
Institution
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Facultad de Ciencias Económicas y Empresariales, Universidad Complutense de Madrid 1
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Documentos de Trabajo del ICAE 1
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RePEc 1
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Growth and Welfare: Distorting versus Non-Distorting Taxes
Novales, Alfonso; Marrero, Gustavo A. - Facultad de Ciencias Económicas y Empresariales, … - 2003
Some concepts associated with the notion of public consumption could be considered as wasteful public expenditures, so that a firstbest analysis would set their level equal to zero every period. However, their ratio to output is significant and rather stable over time in actual economies. In an...
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