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Government spending, capital accumulation and the optimal policy rule: The role of public service capital

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  • Shieh, Jhy-yuan
  • Chen, Jhy-hwa
  • Lai, Ching-chong

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  • Shieh, Jhy-yuan & Chen, Jhy-hwa & Lai, Ching-chong, 2006. "Government spending, capital accumulation and the optimal policy rule: The role of public service capital," Economic Modelling, Elsevier, vol. 23(6), pages 875-889, December.
    • Handle: RePEc:eee:ecmode:v:23:y:2006:i:6:p:875-889
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    References listed on IDEAS

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    1. Theodore Palivos & Chong K. Yip, 1996. "Government Purchases and Real Interest Rates with Endogenous Labour Supply," The Economic Record, The Economic Society of Australia, vol. 72(219), pages 332-340, December.
    2. Toshihiro Ihori, 1990. "Government Spending and Private Consumption," Canadian Journal of Economics, Canadian Economics Association, vol. 23(1), pages 60-69, February.
    3. Wen-ya Chang & Hsueh-Fang Tsai & Ching-Chong Lai, 1998. "Government Spending and Capital Accumulation," Canadian Journal of Economics, Canadian Economics Association, vol. 31(3), pages 624-645, August.
    4. Fisher, Walter H & Turnovsky, Stephen J, 1998. "Public Investment, Congestion, and Private Capital Accumulation," Economic Journal, Royal Economic Society, vol. 108(447), pages 399-413, March.
    5. Turnovsky, Stephen J. & Fisher, Walter H., 1995. "The composition of government expenditure and its consequences for macroeconomic performance," Journal of Economic Dynamics and Control, Elsevier, vol. 19(4), pages 747-786, May.
    6. Pierre-Richard Agénor & Robert P. Flood, 1992. "Unification of Foreign Exchange Markets," IMF Staff Papers, Palgrave Macmillan, vol. 39(4), pages 923-947, December.
    7. Baxter, Marianne & King, Robert G, 1993. "Fiscal Policy in General Equilibrium," American Economic Review, American Economic Association, vol. 83(3), pages 315-334, June.
    8. Chang, Wen-ya, 1999. "Government spending, endogenous labor, and capital accumulation," Journal of Economic Dynamics and Control, Elsevier, vol. 23(8), pages 1225-1242, August.
    9. Palivos, Theodore & Yip, Chong K, 1996. "Government Purchases and Real Interest Rates with Endogenous Labour Supply," The Economic Record, The Economic Society of Australia, vol. 72(219), pages 332-340, December.
    10. Slobodan Djajic, 1987. "Government Spending and the Optimal Rates of Consumption and Capital Accumulation," Working Paper 681, Economics Department, Queen's University.
    11. Buiter, Willem H, 1984. "Saddlepoint Problems in Continuous Time Rational Expectations Models: A General Method and Some Macroeconomic Examples," Econometrica, Econometric Society, vol. 52(3), pages 665-680, May.
    12. Burmeister, Edwin, 1980. "On Some Conceptual Issues in Rational Expectations Modeling," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 12(4), pages 800-816, November.
    13. Turnovsky, Stephen J. & Brock, William A., 1980. "Time consistency and optimal government policies in perfect foresight equilibrium," Journal of Public Economics, Elsevier, vol. 13(2), pages 183-212, April.
    14. Slobodan Djajic, 1987. "Government Spending and the Optimal Rates of Consumption and Capital Accumulation," Canadian Journal of Economics, Canadian Economics Association, vol. 20(3), pages 544-554, August.
    15. Romano Piras, 2001. "Government Spending Composition in an Endogenous Growth Model with Congestion," Metroeconomica, Wiley Blackwell, vol. 52(1), pages 121-136, February.
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    Cited by:

    1. Zhang, Lifeng & Ru, Yucong & Li, Jingkui, 2016. "Optimal tax structure and public expenditure composition in a simple model of endogenous growth," Economic Modelling, Elsevier, vol. 59(C), pages 352-360.

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