This paper analyzes the growth impact of fiscal and institutional governmental policies in a regional context. The government provides a productive input that is complementary to private capital. Institutional policies include the decision about the type of public input as well as on the size of...

We analyze within a dynamic model how rms decide on capital investment if the accompanying adjustment costs are a function of governmental activity. The government provides a public input and decides on the degree of rivalry. The productive public input enhances private capital productivity and...

Wir untersuchen die gleichgewichtige Entwicklung der Umweltqualität in einem endogenen Wachstumsmodell, wobei die Umweltverschmutzung durch die Güterproduktion verursacht und durch Umweltschutzausgaben verringert wird. Nehmen die Wirtschaftssubjekte nur einen Teil ihres individuellen Ein-...

This paper analyzes, within a regional growth model, the impact of productive governmental policy and integration on the spatial distribution of economic activity. Integration is understood as enhancing territorial cooperation between the regions, and it describes the extent to which one region...

This paper analyzes in the context of a dynamic model, how firms decide on capital investment if the accompanying adjustment costs are a function of the governmental activity. The government provides the public input and decides on the degree of rivalry. The productive public input enhances...

In diesem Papier wird untersucht, welche Auswirkungen die Verfügbarkeit von Infrastruktur auf die unternehmerische Investitionsentscheidung hat. Dabei ist unterstellt, dass Infrastruktur zum einen Input in der Produktionsfunktion ist und zum anderen die Höhe der Anpassungskosten beeinflusst....

In this paper the impacts of income and consumption taxes are analyzed within a model of stochastic endogenous growth with congestion. It is shown that the optimal amount of governmental input diminishes with uncertainty and that the optimal financing depends on the relation between the degrees...

This paper analyzes within a two-region endogenous growth model how different types of public policies affect the equilibrium spatial distribution of economic activity. Integration is modeled as a continuum and enables firms to access the public input of the respective other region. Given a...

This paper analyzes, within a regional growth model, the impact of productive governmental policy and integration on the spatial distribution of economic activity. Integration is understood as enhancing territorial cooperation between the regions, and it describes the extent to which one region...