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Gasto público, permanencia en el poder y crecimiento económico /Public Spending, Staying Power and Economic Growth

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  • MARROQUÍN ARREOLA, JUAN

    ()
    (ESCUELA SUPERIOR DE ECONOMÍA DEL INSTITUTO POLITÉCNICO NACIONAL, MEXICO.)

  • RIOS BOLÍVAR, HUMBERTO

    ()
    (Profesor de economía, ESCUELA SUPERIOR DE ECONOMÍA DEL INSTITUTO POLITÉCNICO NACIONAL, MEXICO.)

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    Abstract

    El objetivo de este documento es analizar cómo el gobierno determina la proporción de gasto público para maximi-zar su beneficio político y permanecer en el poder. Usando modelos de crecimiento y haciendo modificaciones en los mismos, este estudio demuestra que las acciones de gasto público y la tasa de crecimiento se determinan en función de los parámetros de ganancia política. Asimismo, los resultados de las simulaciones muestran que si la ganancia política de las políticas de distribuciónes alta, el gobierno destinará una mayor parte del fondo para fines de distribu-ción que afectan negativamente al crecimiento económico. The aim of this paper is to analyze how the government determines the proportion of public spending to maximize its political benefit and stay in power. Using growth models and making modifications in them, this study demonstrates that the actions of public expenditure and growth rate are determined by the parameters of political gain. Also, the results of the simulations show that if the political gain of distribution policy is high, the government will allocate a greater share of the fund for purposes of distribution adversely affecting economic growth.

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    Bibliographic Info

    Article provided by Estudios de Economía Aplicada in its journal Estudios de Economía Aplicada.

    Volume (Year): 30 (2012)
    Issue (Month): (Abril)
    Pages: 363 (22 pags)

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    Handle: RePEc:lrk:eeaart:30_1_14

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    Keywords: Gobierno egoísta; políticas distributivas; ganancia política; crecimiento económico ; Government Selfish; Distributive Policies; Political Gain; Economic Growth..;

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    1. Pierre-Richard Agénor, 2008. "Fiscal policy and endogenous growth with public infrastructure," Oxford Economic Papers, Oxford University Press, vol. 60(1), pages 57-87, January.
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    8. António Afonso & Ricardo M. Sousa, 2008. "The Macroeconomic Effects of Fiscal Policy," Working Papers Department of Economics 2008/56, ISEG - School of Economics and Management, Department of Economics, University of Lisbon.
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    10. Oded Galor & Joseph Zeira, 2013. "Income Distribution and Macroeconomics," Working Papers 2013-12, Brown University, Department of Economics.
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    12. Aidt, T.S. & Shvets, J., 2011. "Distributive Politics and Electoral Incentives: Evidence from Seven US State Legislatures," Cambridge Working Papers in Economics 1130, Faculty of Economics, University of Cambridge.
    13. Banerjee, Abhijit V & Newman, Andrew F, 1993. "Occupational Choice and the Process of Development," Journal of Political Economy, University of Chicago Press, vol. 101(2), pages 274-98, April.
    14. Sugata Marjit & Vivekananda Mukherjee & Martin Kolmar, 2006. "Poverty, taxation and governance," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 15(3), pages 325-333.
    15. Been-Lon Chen, 2006. "Economic growth with an optimal public spending composition," Oxford Economic Papers, Oxford University Press, vol. 58(1), pages 123-136, January.
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