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Global indeterminacy in an endogenous-growth model with public capital

Author

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  • Xavier Raurich-Puigdevall

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Abstract

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Suggested Citation

  • 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.
  • Handle: RePEc:kap:jeczfn:v:71:y:2000:i:3:p:255-280
    DOI: 10.1007/BF01228743
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    References listed on IDEAS

    as
    1. Benhabib Jess & Perli Roberto, 1994. "Uniqueness and Indeterminacy: On the Dynamics of Endogenous Growth," Journal of Economic Theory, Elsevier, vol. 63(1), pages 113-142, June.
    2. Aschauer, David Alan, 1989. "Is public expenditure productive?," Journal of Monetary Economics, Elsevier, vol. 23(2), pages 177-200, March.
    3. Jordi Gali & Fabrizio Zilibotti, 1995. "Endogenous Growth and Poverty Traps in a Cournotian Model," Annals of Economics and Statistics, GENES, issue 37-38, pages 197-213.
    4. 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.
    5. 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.
    6. Chamley, Christophe, 1993. "Externalities and Dynamics in Models of "Learning or Doing."," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 34(3), pages 583-609, August.
    7. 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.
    8. 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.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Hyun Park, 2015. "Aggregate Instability and Fiscal Policies: Balanced Budget Rules and Productive Public Spending," Korean Economic Review, Korean Economic Association, vol. 31, pages 25-56.
    2. Alfred Greiner & Jens J. Krueger, 2001. "Indeterminacy and the distribution of growth rates," Economics Bulletin, AccessEcon, vol. 15(6), pages 1-8.
    3. Gupta, Manash Ranjan & Barman, Trishita Ray, 2010. "Health, infrastructure, environment and endogenous growth," Journal of Macroeconomics, Elsevier, vol. 32(2), pages 657-673, June.
    4. Gokan, Yoichi, 2008. "Infrastructure, alternative government finance and stochastic endogenous growth," Journal of Economic Dynamics and Control, Elsevier, vol. 32(2), pages 321-347, February.
    5. Andreas Irmen & Johanna Kuehnel, 2009. "Productive Government Expenditure And Economic Growth," Journal of Economic Surveys, Wiley Blackwell, vol. 23(4), pages 692-733, September.
    6. Gupta, Manash Ranjan & Barman, Trishita Ray, 2009. "Fiscal policies, environmental pollution and economic growth," Economic Modelling, Elsevier, vol. 26(5), pages 1018-1028, September.
    7. repec:hit:hitjcm:v:56:y:2015:i:1:p:73-91 is not listed on IDEAS
    8. repec:bla:rdevec:v:21:y:2017:i:3:p:874-887 is not listed on IDEAS
    9. Antoci, Angelo & Galeotti, Marcello & Russu, Paolo, 2011. "Poverty trap and global indeterminacy in a growth model with open-access natural resources," Journal of Economic Theory, Elsevier, vol. 146(2), pages 569-591, March.
    10. Trishita Ray Barman & Manash Ranjan Gupta, 2010. "Public Expenditure, Environment, and Economic Growth," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 12(6), pages 1109-1134, December.
    11. Gupta, Manash Ranjan & Barman, Trishita Ray, 2015. "Environmental Pollution, Informal Sector, Public Expenditure And Economic Growth," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 56(1), pages 73-91, June.

    More about this item

    Keywords

    endogenous growth; public capital; indeterminacy; limit cycles; E62; H54; O41;

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models

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