An economic growth model showing government spending with reference to Colombia and learning-by-doing
Learning-by-doing and government spending are well-known engines of long-term economic growth. These growth engines’ interaction has not been analysed to the best of our knowledge. This paper aims at filling that perceived gap by combining Matsuyama  and Barro’s  approaches. Industrialisation and growth are assumed to be directly related in the ensuing model. Governments may play a role in industrialisation by adopting an optimum fiscal policy and through improving efficiency. There is also room for industrial policies leading to optimum resource allocation. This possibility might be reduced in an open commercial regime because the power of comparative advantages may lead a country towards deindustrialisation and lower economic growth. The model is the basis of a reflection on the Colombian economy’s slowdown since 1980
Volume (Year): 2 (2004)
Issue (Month): 1 (November)
|Contact details of provider:|| Phone: 3681416|
Web page: http://fce.unal.edu.co/
More information through EDIRC
|Order Information:|| Email: |
When requesting a correction, please mention this item's handle: RePEc:cej:primer:v:2:y:2004:i:1:p:157-188. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Carolina Mendez)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.