Aging, Growth and the Allocation of Public Expenditures on Health and Education

Aging, Growth and the Allocation of Public Expenditures on Health and Education
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老龄化、增长以及卫生和教育公共支出的分配

DOI:
10.1111/caje.12113
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发表时间:
2014
期刊:
ERN: Government Expenditures & Education (Topic)
影响因子:
--
通讯作者:
E. Dioikitopoulos
E. Dioikitopoulos
中科院分区:
--
文献类型:
--
作者:
E. Dioikitopoulos

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在本文中,我建立了一个世代重叠的内生增长模型,在该模型中,公共教育和健康都是增长的来源,通过影响人力资本存量的积累率和预期寿命内的储蓄率。我首先发现,公共支出的动态互补性导致确保可持续增长的公共教育和卫生支出的最低门槛水平。然后,我将展示政府如何将公共支出分配作为一种替代政策工具,在不提高税率或退休年龄的情况下最大化增长,这在老龄化经济体中通常会发生。
In this paper, I develop an overlapping generations endogenous growth model in which both public education and health are sources of growth by affecting the accumulation rate of the human capital stock and the savings rate over life expectancy. I first find that dynamic complementarities of public expenditures lead to minimum threshold levels of public education and health expenditures that ensure sustainable growth. I then show how governments can use the allocation of public expenditures as an alternative policy instrument to maximize growth without increasing the tax rate or the retirement age, as usually happens in aging economies.
DOI: 10.1257/aer.90.4.806
发表时间: 2000-09-01
影响因子: 10.7
作者:
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通讯作者: Weil, DN
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发表时间: --
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发表时间: 1996-04-01
影响因子: 4.1
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