A Keynesian Endogenous Growth Theory with a Rigorous Microeconomic Foundation
A Keynesian Endogenous Growth Theory with a Rigorous Microeconomic Foundation
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具有严格微观经济基础的凯恩斯内生增长理论
DOI：
10.4236/tel.2012.24067
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发表时间：
2012
期刊：
影响因子：
--
通讯作者：
M. Otaki
中科院分区：
文献类型：
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作者：
M. Otaki
扩展Otaki[1,2]的有效需求理论，构建了具有严格微观基础的需求驱动内生增长理论。通过垄断性竞争雇主的跨期最大化行为推导出一个加速原则投资函数。在这种投资函数下，即使满足商品市场的稳定条件，经济也会内生地开始扩张。决定均衡增长率的因素有三个：垄断程度（每种商品的价格弹性的逆）η-1，边际储蓄倾向s，以及政府可以操纵的马夏里安k，用κ表示。η-1和s的值越高，κ的值越低，经济扩张越快。
Extending the effective demand theory developed by Otaki [1,2], we construct a demand-driven endogenous growth theory with a rigorous microeconomic foundation. An accelerator-principle investment function is derived by the intertemporal maximization behavior of monopolistic competitive employers. Under this investment function, an economy endogenously begins to expand even if the stability condition for goods markets is satisfied. Three factors determine the equilibrium growth rate: the degree of monopoly (the inverse of the price elasticity of each good) η﹣1, the marginal propensity to saving s, and the Mashallian k that can be manipulated by the government and is denoted by κ. The higher values of η﹣1 and s, and the lower value of κ , the more rapidly the economy expands.
动态扩展的凯恩斯交叉与改善福利的财政政策
DOI：
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发表时间：
2007
期刊：
Economics Letters 96
影响因子：
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作者：
大瀧雅之;大瀧雅之
通讯作者：
大瀧雅之