scholarly journals Productive Public Expenditure and Imperfect Competition with Endogenous Price Markup: Comment

2006 ◽  
Author(s):  
Luís F. Costa ◽  
Nuno Palma
Keyword(s):  
Imperfect Competition ◽  
Public Expenditure ◽  
Productive Public Expenditure

Productive public expenditure and imperfect competition with endogenous price markup

2005 ◽  
Vol 57 (3) ◽  
pp. 522-544 ◽  
Author(s):  
Jhy-hwa Chen ◽  
Jhy-yuan Shieh ◽  
Ching-chong Lai ◽  
Juin-jen Chang
Keyword(s):  
Imperfect Competition ◽  
Public Expenditure ◽  
Productive Public Expenditure

scholarly journals GROWTH AND PUBLIC INFRASTRUCTURE

2010 ◽  
Vol 14 (S2) ◽  
pp. 258-274 ◽  
Author(s):  
Nigar Hashimzade ◽  
Gareth D. Myles
Keyword(s):  
European Union ◽  
Tax Policy ◽  
Growth Process ◽  
Public Expenditure ◽  
The European Union ◽  
Public Infrastructure ◽  
The Individual ◽  
Productive Public Expenditure

The paper analyzes a multicountry extension of the Barro model of productive public expenditure. In the presence of positive infrastructural externalities between countries, the provision of infrastructure will be inefficiently low if countries do not coordinate. This provides a role for a supranational body, such as the European Union, to coordinate the policies of the individual governments. It is shown how intervention by a supranational body can raise welfare by internalizing the infrastructural externality. Infrastructural externalities increase the importance of tax policy in the growth process and distribute the benefits of taxation across countries.

scholarly journals A GROWTH MODEL FOR THE QUADRUPLE HELIX

2012 ◽  
Vol 13 (5) ◽  
pp. 849-865 ◽  
Author(s):  
Oscar Afonso ◽  
Sara Monteiro ◽  
Maria Thompson
Keyword(s):  
Economic Growth ◽  
Civil Society ◽  
Growth Model ◽  
Public Expenditure ◽  
Government Expenditure ◽  
Theoretical Framework ◽  
Quadruple Helix ◽  
The Relationship ◽  
Productive Public Expenditure ◽  
Productive Government Expenditure

We develop a R&D-based growth model with productive public expenditure in order to frame the Quadruple Helix (QH) innovation concept, based on four helices: Academia & Technological Infrastructures, Firms, Government and Civil Society. Our motivation stems from acknowledgment that the relationship between these four helices and their joint impact on growth is in need of a theoretical framework. We aim to emphasise the importance to economic growth of innovation systems structured on these four helices. The introduced model confirms theoretically the notion that increases in: (i) complementarities between distinct productive units, or (ii) in productive government expenditure, lead to higher growth.

scholarly journals Productive public expenditure in a new economic geography model

2009 ◽  
Vol n° 114 (2) ◽  
pp. 133-159
Author(s):  
Pasquale Commendatore ◽  
Ingrid Kubin ◽  
Carmelo Petraglia
Keyword(s):  
Economic Geography ◽  
Public Expenditure ◽  
New Economic Geography ◽  
Productive Public Expenditure

Innovation Economy, Productive Public Expenditure and Economic Growth

2014 ◽  
Vol 65 (4) ◽  
pp. 671-689 ◽  
Author(s):  
Oscar Afonso ◽  
Sara Monteiro ◽  
Maria Thompson
Keyword(s):  
Economic Growth ◽  
Public Expenditure ◽  
Innovation Economy ◽  
Productive Public Expenditure

Russia’s fiscal stimulus and fiscal sustainability

2013 ◽  
pp. 90-108 ◽  
Author(s):  
N. Akindinova ◽  
N. Kondrashov ◽  
A. Cherniavsky
Keyword(s):  
Government Spending ◽  
Public Expenditure ◽  
Oil Prices ◽  
Fiscal Sustainability ◽  
Macroeconomic Model ◽  
Sharp Drop ◽  
Fiscal Stimulus ◽  
Fiscal Multipliers ◽  
Russian Economy ◽  
The Impact

This study examines the impact of public expenditure on economic growth in Russia. Fiscal multipliers for various items of government spending are calculated by means of our macroeconomic model of the Russian economy. Resources for fiscal stimulus and optimization are analyzed. In this study we assess Russia’s fiscal sustainability in conditions of various levels of oil prices. We conclude that fiscal stimulus is ineffective in Russia, while fiscal sustainability in conditions of a sharp drop in oil prices is relatively low.

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