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Mekkora az államadósság terhe?. Az államadósság hatása a gazdasági növekedésre a neoklasszikus növekedéselméletben
[How much is the burden of public debt?. The impact of public debt on economic growth in neoclassical growth theory]

Author

Listed:
  • Dedák, István

  • Dombi, Ákos

Abstract

A tanulmány az államadósság hosszú távú egyensúlyi jövedelmekre gyakorolt hatását vizsgálja a neoklasszikus növekedéselmélet keretében. Az államadósságot két alapvető neoklasszikus modellbe építjük be - a Ramsey-Cass-Koopmans-féle, illetve a Solow-féle modellbe -, amely modellek csak a háztartások megtakarítási viselkedésére adott feltevésekben különböznek egymástól. Ezen túlmenően kidolgozunk egy olyan általános modellt is, amely a háztartások megtakarítási magatartására vonatkozó feltevésektől függetlenül képes az államadósság terhének számszerűsítésére. Eredményeink egyfelől azt mutatják, hogy az államadósság okozta kibocsá tás veszte sé get a költségvetési deficit beruházásokat kiszorító hatásának mértéke erőteljesen befolyásolja. Másfelől, az államadósság terhe ország speci fi kus, amelyet a magánszektor megtakarítási rátája és a népesség növekedési üteme határoz meg. Következtetéseink alapján az államadósság terhe a fejlett országokban még jelentős kiszorítási hatás esetén is meglehetősen kicsi. Mindez azt jelenti, hogy az európai uniós országokban önmagában az államadósság lefaragásától a jövedelemszint jelentős emelkedése és a gazdaságok gyors növekedése nem remélhető.

Suggested Citation

  • Dedák, István & Dombi, Ákos, 2025. "Mekkora az államadósság terhe?. Az államadósság hatása a gazdasági növekedésre a neoklasszikus növekedéselméletben [How much is the burden of public debt?. The impact of public debt on economic gro," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(7), pages 669-693.
    • Handle: RePEc:ksa:szemle:2261
    DOI: 10.18414/KSZ.2025.7-8.669
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • E13 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Neoclassical
    • H31 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Household
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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