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Public expenditures and economic development : macroeconomic effects and regional specificities
[Dépenses publiques et croissance : effets macro-économiques et spécificités régionales]

Author

Listed:
  • Sylvie Charlot

    (ENESAD - Etablissement National d'Enseignement Supérieur Agronomique de Dijon)

Abstract

This working paper considers the links between public expenditures and economic growth of a region. To begin with, the impacts of public expenditures on growth are analyzed in a macroeconomic framework, using endogenous growth models and the Kaldorian development theory. Then, regional specificities are taken into account. The analysis focuses on externalities produced by public expenditures and on their local aspects. In particular, one considers the regional externalities produced by transport and communication infrastructures and relationship between these externalities and agglomeration economies. This work acrouses a question about the consequences of state intervention on regional growth paths and on convergence (divergence) of regional wealth.

Suggested Citation

  • Sylvie Charlot, 1996. "Public expenditures and economic development : macroeconomic effects and regional specificities [Dépenses publiques et croissance : effets macro-économiques et spécificités régionales]," Working Papers hal-01527209, HAL.
    • Handle: RePEc:hal:wpaper:hal-01527209
    Note: View the original document on HAL open archive server: https://hal.science/hal-01527209
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