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Fiscal policy and public capital in interdependent economies

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  • Tuijl, M.A. van

    (Tilburg University)

  • Groof, R.J. de

    (Tilburg University)

  • Kolnaar, A.H.J.J.

    (Tilburg University)

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    Abstract

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    Bibliographic Info

    Paper provided by Tilburg University in its series Open Access publications from Tilburg University with number urn:nbn:nl:ui:12-73833.

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    Date of creation: 1997
    Date of revision:
    Publication status: Published in Economic Modelling (1997) v.14, p.279-300
    Handle: RePEc:ner:tilbur:urn:nbn:nl:ui:12-73833

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    Web page: http://www.tilburguniversity.edu/

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    References

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    1. Taylor, John B., 1985. "International coordination in the design of macroeconomic policy rules," European Economic Review, Elsevier, vol. 28(1-2), pages 53-81.
    2. Meulendijks, Pieter J F G & Schouten, Dick B J, 1995. "Exchange rates and the European business cycle: An application of a quasi-empirical two-country model," Economic Modelling, Elsevier, vol. 12(1), pages 35-52, January.
    3. Karl Shell, 2010. "A Model of Inventive Activity and Capital Accumulation," Levine's Working Paper Archive 1409, David K. Levine.
    4. Holtz-Eakin, Douglas & Schwartz, Amy Ellen, 1995. "Infrastructure in a structural model of economic growth," Regional Science and Urban Economics, Elsevier, vol. 25(2), pages 131-151, April.
    5. Razin, A., 1993. "The Dynamic-Optimizing Approach to the Current Account: Theory and Evidence," Papers 2-93, Tel Aviv - the Sackler Institute of Economic Studies.
    6. van de Klundert, Theo, 1991. "Reducing external debt in a world with imperfect asset and imperfect commodity substitution," European Journal of Political Economy, Elsevier, vol. 7(1), pages 17-40, April.
    7. Barro, Robert J. & Sala-i-Martin, Xavier, 1992. "Public Finance in Models of Economic Growth," CEPR Discussion Papers 630, C.E.P.R. Discussion Papers.
    8. Sturm, Jan Egbert & de Haan, Jakob, 1995. "Is public expenditure really productive?: New evidence for the USA and The Netherlands," Economic Modelling, Elsevier, vol. 12(1), pages 60-72, January.
    9. William Easterly & Sergio Rebelo, 1993. "Fiscal Policy and Economic Growth: An Empirical Investigation," NBER Working Papers 4499, National Bureau of Economic Research, Inc.
    10. Markink & A.J. & Van Der Ploeg.F, 1989. "Dynamic Policy Simulation Of Linear Models With Rational Expectations Of Future Events: A Computer Package," Papers 8906, Tilburg - Center for Economic Research.
    11. Karakitsos, E, 1989. "Monetary Policy Exchange Rate Dynamics and the Labour Market," Oxford Economic Papers, Oxford University Press, vol. 41(2), pages 408-33, April.
    12. Aschauer, David Alan, 1989. "Is public expenditure productive?," Journal of Monetary Economics, Elsevier, vol. 23(2), pages 177-200, March.
    13. Minford, Patrick, 1995. "Other people's money: Cash-in-advance microfoundations for optimal currency areas," Journal of International Money and Finance, Elsevier, vol. 14(3), pages 427-440, June.
    14. Hulten, Charles R. & Schwab, Robert M., 1993. "Infrastructure Spending: Where Do We Go From Here?," National Tax Journal, National Tax Association, vol. 46(3), pages 261-73, September.
    15. Glomm, Gerhard & Ravikumar, B., 1994. "Public investment in infrastructure in a simple growth model," Journal of Economic Dynamics and Control, Elsevier, vol. 18(6), pages 1173-1187, November.
    16. Klundert, T.C.M.J. van de, 1982. "Distribution, taxation and employment in an open economy," Open Access publications from Tilburg University urn:nbn:nl:ui:12-4860191, Tilburg University.
    17. Jones, Larry E & Manuelli, Rodolfo E & Rossi, Peter E, 1993. "Optimal Taxation in Models of Endogenous Growth," Journal of Political Economy, University of Chicago Press, vol. 101(3), pages 485-517, June.
    18. Meulendijks, P.J.F.G. & Schouten, D.B.J., 1995. "Exchange rates and the European business cycle: An application of a quasi-empirical two-country model," Open Access publications from Tilburg University urn:nbn:nl:ui:12-4205731, Tilburg University.
    19. W. J. McKibbin & P. Bagnoli, . "Fiscal Deficit Reduction: An Evaluation of Alternatives," Discussion Papers 101, Brookings Institution International Economics.
    20. Manchester, Joyce & McKibbin, Warwick J, 1994. "The Macroeconomic Consequences of the Savings and Loan Debacle," The Review of Economics and Statistics, MIT Press, vol. 76(3), pages 579-84, August.
    21. Robert J. Barro, 1988. "Government Spending in a Simple Model of Endogenous Growth," NBER Working Papers 2588, National Bureau of Economic Research, Inc.
    22. Lynde, Catherine & Richmond, J, 1993. "Public Capital and Total Factor Productivity," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 34(2), pages 401-14, May.
    23. Klundert, T.C.M.J. van de, 1993. "Crowding out of private and public capital accumulation in an international context," Open Access publications from Tilburg University urn:nbn:nl:ui:12-5117980, Tilburg University.
    24. Robert Ford & Pierre Poret, 1991. "Infrastructure and Private-Sector Productivity," OECD Economics Department Working Papers 91, OECD Publishing.
    25. Holtz-Eakin, Douglas, 1994. "Public-Sector Capital and the Productivity Puzzle," The Review of Economics and Statistics, MIT Press, vol. 76(1), pages 12-21, February.
    26. van de Klundert, Theo, 1993. "Crowding out of private and public capital accumulation in an international context," Economic Modelling, Elsevier, vol. 10(3), pages 273-284, July.
    27. Hamada, Koichi, 1969. "Optimal Capital Accumulation by an Economy Facing an International Capital Market," Journal of Political Economy, University of Chicago Press, vol. 77(4), pages 684-97, Part II, .
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    Cited by:
    1. Agiomirgianakis, George M. & Zervoyianni, Athina, 2001. "Economic growth, international labour mobility, and unanticipated non-monetary shocks," Journal of Policy Modeling, Elsevier, vol. 23(1), pages 1-16, January.

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