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Dynamic political effects in a neoclassic growth model with healthcare and creative activities

Listed author(s):
  • Luis Guimarães


    (Faculdade de Economia, Universidade do Porto)

  • Óscar Afonso


    (CEFUP, OBEGEF, NIFIP and Faculdade de Economia, Universidade do Porto)

  • Paulo B. Vasconcelos

    (CMUP, OBEGEF and Faculdade de Economia, Universidade do Porto)

Registered author(s):

    This paper incorporates healthcare and creative activities in the Ramsey-Cass-Koopmans model in order to analyse the endogenous growth effects arising from governmental policies. An increase in lump-sum taxes and inefficient expenditures decrease the short, medium and the long-run economic growth.

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    Paper provided by Universidade do Porto, Faculdade de Economia do Porto in its series FEP Working Papers with number 441.

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    Length: 9 pages
    Date of creation: Nov 2011
    Handle: RePEc:por:fepwps:441
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