Government Spending, Taxes, and Economic Growth
Government Spending, Taxes, and Economic Growth
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政府支出、税收和经济增长
DOI：
10.2307/3867572
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发表时间：
1994
期刊：
影响因子：
--
通讯作者：
P. Cashin
中科院分区：
文献类型：
--
作者：
P. Cashin
本文建立了一个内生增长模型，研究公共投资、公共转移支付和扭曲性税收对经济增长率的影响。对公共资本投资和转移支付的增长促进效应以及征收用于资助此类支出的扭曲性税收的增长抑制效应进行了建模。模型的理论含义，然后测试与数据从23个发达国家之间的1971年和1988年，时间序列横截面的结果，得到支持的公共财政变量对经济增长的影响。
This paper develops an endogenous growth model of the influence of public investment, public transfers, and distortionary taxation on the rate of economic growth. The growth-enhancing effects of investment in public capital and transfer payments are modeled, as is the growth-inhibiting influence of the levying of distortionary taxes that are used to fund such expenditure. The theoretical implications of the model are then tested with data from 23 developed countries between 1971 and 1988, and time series cross sectional results are obtained that support the proposed influence of the public finance variables on economic growth.