A Model of Economic Growth with Public Finance: Dynamics and Analytic Solution
This paper studies the equilibrium dynamics of a growth model with public finance where two different allocations of public resources are considered. The model simultaneously determines the optimal shares of consumption, capital accumulation, taxes and composition of the two different public expendi...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
EconJournals
2013-03-01
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Series: | International Journal of Economics and Financial Issues |
Subjects: | |
Online Access: | https://dergipark.org.tr/tr/pub/ijefi/issue/31956/351873?publisher=http-www-cag-edu-tr-ilhan-ozturk |