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Fiscal policy effects, convergence, and growth

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  • Lorenzo Escot
  • Miguel-Angel Galindo

Abstract

The objective of this paper is to create an economic growth model with public capital that determines when exogenous or endogenous growth appears, showing the optimal public sector dimension, and determines the convergence equation condition. An empirical analysis is also developed for several countries. Copyright International Atlantic Economic Society 1999

Suggested Citation

  • Lorenzo Escot & Miguel-Angel Galindo, 1999. "Fiscal policy effects, convergence, and growth," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 5(1), pages 48-55, February.
  • Handle: RePEc:kap:iaecre:v:5:y:1999:i:1:p:48-55:10.1007/bf02295030
    DOI: 10.1007/BF02295030
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    References listed on IDEAS

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    5. Futagami, Koichi & Morita, Yuichi & Shibata, Akihisa, 1993. " Dynamic Analysis of an Endogenous Growth Model with Public Capital," Scandinavian Journal of Economics, Wiley Blackwell, vol. 95(4), pages 607-625, December.
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