Multiplier Effects of Public Services in a Two-Sector Model of Monopolistic Competition
Multiplier Effects of Public Services in a Two-Sector Model of Monopolistic Competition
复制标题
两部门垄断竞争模型中公共服务的乘数效应
DOI:
10.1111/j.1468-5876.2010.00517.x
复制
发表时间:
2011
影响因子:
1.2
通讯作者:
吉田雅敏・剣持健
中科院分区:
文献类型:
--
作者:
Ida;T. and R. Goto;吉田雅敏・剣持健
In a two-sector model of monopolistic competition, this paper explores what impacts an expansion of government spending on public services has on national income. In the short run where entry and exit of firms are restricted, a rise in government spending on services likehealth care(which has only a role of substituting for market services)increasesnational income, but that on services likeelderly care(which has not only this role but also another role of contributing to home production of services)decreasesit. These results are reversed in the long run. Welfare effects of public services are also examined.