GOVERNMENTS’ DEBTS AND PUBLIC GOODS IN A MULTICOUNTRY GROWTH MODEL WITH TRADABLE AND NON-TRADABLE GOODS
This study deals with dynamic relationships between global growth, trade, economic structural change, and government’s debts. Government debts are seldom theoretically modelled in the literature of global economic growth theory. We introduce governments’ debts and endogenous public good supplies int...
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| Format: | Article |
| Language: | English |
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Journal of Smart Economic Growth
2017-08-01
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| Series: | Journal of Smart Economic Growth |
| Online Access: | https://jseg.ro/index.php/jseg/article/view/14 |