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The present paper develops a one-sector aggregate endogenous growth model with intertemporal preference dependence. The resultant model possesses the fundamental property of growth convergence, in the sense that countries with identical parameters regarding technology, preference, and government...
Persistent link: https://www.econbiz.de/10014398750
Persistent link: https://www.econbiz.de/10001225302
This paper discusses in a systematic and comprehensive way the existing literature on the relationship between the growth of countries’ economies and various public finance instruments, such as tax policy, expenditure policy, and overall budgetary policy, from the perspectives of allocative...
Persistent link: https://www.econbiz.de/10014398039
The present paper develops a one-sector aggregate endogenous growth model with intertemporal preference dependence. The resultant model possesses the fundamental property of growth convergence, in the sense that countries with identical parameters regarding technology, preference, and government...
Persistent link: https://www.econbiz.de/10012781775
This paper discusses in a systematic and comprehensive way the existing literature on the relationship between the growth of countries` economies and various public finance instruments, such as tax policy, expenditure policy, and overall budgetary policy, from the perspectives of allocative...
Persistent link: https://www.econbiz.de/10012781993
Persistent link: https://www.econbiz.de/10013453062
Persistent link: https://www.econbiz.de/10013425335