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Public capital and patterns of growth in the presence of threshold externalities

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  • Koichi Futagami
  • Kazuo Mino

Abstract

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Suggested Citation

  • Koichi Futagami & Kazuo Mino, 1995. "Public capital and patterns of growth in the presence of threshold externalities," Journal of Economics, Springer, vol. 61(2), pages 123-146, June.
  • Handle: RePEc:kap:jeczfn:v:61:y:1995:i:2:p:123-146
    DOI: 10.1007/BF01238777
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    References listed on IDEAS

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    1. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-1037, October.
    2. Futagami, Koichi & Mino, Kazuo, 1993. "Threshold externalities and cyclical growth in a stylized model of capital accumulation," Economics Letters, Elsevier, vol. 41(1), pages 99-105.
    3. Gilles Saint-Paul, 1992. "Fiscal Policy in an Endogenous Growth Model," The Quarterly Journal of Economics, Oxford University Press, vol. 107(4), pages 1243-1259.
    4. Shaw, G K, 1992. "Policy Implications of Endogenous Growth Theory," Economic Journal, Royal Economic Society, vol. 102(412), pages 611-621, May.
    5. Fujita,Masahisa, 1991. "Urban Economic Theory," Cambridge Books, Cambridge University Press, number 9780521396455.
    6. Barro, Robert J, 1990. "Government Spending in a Simple Model of Endogenous Growth," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 103-126, October.
    7. Galor, Oded & Tsiddon, Daniel, 1991. "Technological breakthroughs and development traps," Economics Letters, Elsevier, vol. 37(1), pages 11-17, September.
    8. Stern, Nicholas, 1991. "The Determinants of Growth," Economic Journal, Royal Economic Society, vol. 101(404), pages 122-133, January.
    9. Paul Krugman, 1991. "History versus Expectations," The Quarterly Journal of Economics, Oxford University Press, vol. 106(2), pages 651-667.
    10. Hall, Robert E, 1988. "Intertemporal Substitution in Consumption," Journal of Political Economy, University of Chicago Press, vol. 96(2), pages 339-357, April.
    11. Christophe Chamley, 1992. "The Welfare Cost of Taxation and Endogenous Growth," Boston University - Institute for Economic Development 30, Boston University, Institute for Economic Development.
    12. 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.
    13. Robert J. Barro & Xavier Sala-I-Martin, 1992. "Public Finance in Models of Economic Growth," Review of Economic Studies, Oxford University Press, vol. 59(4), pages 645-661.
    14. Chamley, Christophe, 1992. "The welfare cost of taxation and endogenous growth," UC3M Working papers. Economics 2890, Universidad Carlos III de Madrid. Departamento de Economía.
    15. Costas Azariadis & Allan Drazen, 1990. "Threshold Externalities in Economic Development," The Quarterly Journal of Economics, Oxford University Press, vol. 105(2), pages 501-526.
    16. 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.
    17. Peter Howitt & R. Preston McAfee, 1988. "Stability of Equilibria with Externalities," The Quarterly Journal of Economics, Oxford University Press, vol. 103(2), pages 261-277.
    18. Hammond, Peter J & Rodriguez-Clare, Andres, 1993. " On Endogenizing Long-Run Growth," Scandinavian Journal of Economics, Wiley Blackwell, vol. 95(4), pages 391-425, December.
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    Citations

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    Cited by:

    1. Carsten Colombier & Michael Pickhardt, 2005. "A Note on Public Input Specifications," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 11(1), pages 13-18, February.
    2. Agénor, Pierre-Richard, 2010. "A theory of infrastructure-led development," Journal of Economic Dynamics and Control, Elsevier, vol. 34(5), pages 932-950, May.
    3. Gokan, Yoichi, 2002. "Alternative government financing and stochastic endogenous growth," Journal of Economic Dynamics and Control, Elsevier, vol. 26(4), pages 681-706, April.
    4. Kitagawa, Akiomi & Shibata, Akihisa, 2001. "Long gestation in an overlapping generations economy: endogenous cycles and indeterminacy of equilibria," Journal of Mathematical Economics, Elsevier, vol. 35(1), pages 99-127, February.
    5. Xavier Raurich-Puigdevall, 2000. "Global indeterminacy in an endogenous-growth model with public capital," Journal of Economics, Springer, vol. 71(3), pages 255-280, October.
    6. repec:bla:rdevec:v:21:y:2017:i:3:p:874-887 is not listed on IDEAS
    7. Iwaisako, Tatsuro, 2002. "Technology choice and patterns of growth in an overlapping generations model," Journal of Macroeconomics, Elsevier, vol. 24(2), pages 211-231, June.
    8. Pierre-Richard Agénor, 2006. "A Theory of Infrastructure-led Development," The School of Economics Discussion Paper Series 0640, Economics, The University of Manchester.
    9. repec:kap:iaecre:v:11:y:2005:i:1:p:13-18 is not listed on IDEAS
    10. Fullerton, Don & Kim, Seung-Rae, 2008. "Environmental investment and policy with distortionary taxes, and endogenous growth," Journal of Environmental Economics and Management, Elsevier, vol. 56(2), pages 141-154, September.

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