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Excludable and non-excludable public inputs : consequences for economic growth
Ott, Ingrid (contributor); Turnovsky, Stephen J. (contributor) - 2005
Many public goods are characterized by rivalry and/or excludability. This paper introduces both non-excludable and excludable public inputs into a simple endogenous growth model. We derive the equilibrium growth rate and design the optimal tax and user-cost structure. Our results emphasize the...
Persistent link: https://www.econbiz.de/10002746082
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Infrastructure and inequality : insights from incorporating key economic facts about household heterogeneity
Klenert, David; Mattauch, Linus; Edenhofer, Ottmar; … - 2014
We study the trade-off between equity and growth in the context of tax-financed investment in public capital. Taking into account stylized facts on wealth accumulation, we model agent heterogeneity through differences in saving behavior, income source and time preference. In contrast to the...
Persistent link: https://www.econbiz.de/10010412378
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The long-run evolution of infrastructure services
Goldsmith, Hugh - 2014
This paper traces the 11,000 year evolution of infrastructure systems during major periods of innovation, expansion and … positive feedback between early capital market development and investment in infrastructure innovations that lowered system …-wide transaction costs has been a critical factor in sustaining growth since 1800. The paper sets out a model of infrastructure …
Persistent link: https://www.econbiz.de/10010434094
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Outsourcing, public input provision and policy cooperation
Aronsson, Thomas; Koskela, Erkki - 2009
This paper concerns public input provision as an instrument for redistribution under international outsourcing by using a model-economy comprising two countries, North and South, where firms in the North may outsource part of their low-skilled labor intensive production to the South. We consider...
Persistent link: https://www.econbiz.de/10003923255
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The role of public infrastructure for firm location and international outsourcing
Egger, Hartmut; Falkinger, Josef - 2003
location policy in a (two-country) free trade agreement (FTA). It is shown that national public infrastructure investment has a … characterize national infrastructure policies that aim to maximize national income (net of tax costs) and compare the non …
Persistent link: https://www.econbiz.de/10011508001
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Optimal policy and network effects for the deployment of zero emission vehicles
Meunier, Guy; Ponssard, Jean-Pierre - 2018
We analyze the impact of indirect network effects in the deployment of zero emission vehicles in a static partial equilibrium model. In most theoretical analysis direct and indirect effects are conflated, and relatively few authors have explicitly considered indirect network effects. We also...
Persistent link: https://www.econbiz.de/10011845282
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Trade costs and strategic investment in infrastructure in a dynamic global economy with symmetric countries
Yanase, Akihiko; Long, Ngo Van - 2020
investment in an international infrastructure capital, the stock of which accumulates over time. Depending on the trade costs and … game may exhibit history dependency; if the initial stock of international infrastructure is smaller (larger) than a … certain level, the infrastructure stock decreases (increases) over time, and the world economy will end up in autarky (two …
Persistent link: https://www.econbiz.de/10012316937
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Productive government expenditure and economic growth
Irmen, Andreas (contributor); Kuehnel, Johanna (contributor) - 2008
Persistent link: https://www.econbiz.de/10003712517
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Tax competition, elastic labor supply, and growth
Hange, Ulrich (contributor) - 2008
In this paper we investigate the effects of tax competition in a simple endogenous growth model with elastic labor supply. Our analysis focuses on two issues. First, we show that all taxes, i.e. on capital, labor, and consumption, are harmful for growth. Second, we derive the optimal tax policy....
Persistent link: https://www.econbiz.de/10003730258
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Growth and the ageing Joneses
Fisher, Walter H. (contributor); Heijdra, Ben J. (contributor) - 2008
We incorporate Keeping-up-with-the-Joneses (KUJ) preferences into the Blanchard-Yaari (BY) framework and develop, using an AK technology, a model of balanced growth. In this context we investigate status preference, demographic, and pension policy shocks. We find that a higher degree of KUJ...
Persistent link: https://www.econbiz.de/10003790968