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...

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Bibliographic Details
Main Authors:	Oliviero Antonio Carboni, Paolo Russu
Format:	Article
Language:	English
Published:	EconJournals 2013-03-01
Series:	International Journal of Economics and Financial Issues
Subjects:	growth models fiscal policy public spending composition
Online Access:	https://dergipark.org.tr/tr/pub/ijefi/issue/31956/351873?publisher=http-www-cag-edu-tr-ilhan-ozturk