Bucci, Alberto - In: Rivista Internazionale di Scienze Sociali 120 (2012) 2, pp. 149-180
A growth model is presented in which productive government expenditure takes the form of a stock. Private and public capital interact with each other in two ways. The first is related to the specification of the aggregate production function (Cobb-Douglas vs. CES). The second has to do with the...