IMF Staff papers : Volume 42 No. 2.

This paper develops an endogenous growth model of the influence of public investment, public transfers, and distortionary taxation on the rate of economic growth. The growth-enhancing effects of investment in public capital and transfer payments are modeled, as is the growth-inhibiting influence of...

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Detaylı Bibliyografya
Müşterek Yazar: International Monetary Fund. Research Dept
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 1995.
Seri Bilgileri:IMF Staff Papers; IMF Staff Papers ; No. 1995/002
Online Erişim:Full text available on IMF
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300 |a 1 online resource (208 pages) 
490 1 |a IMF Staff Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper develops an endogenous growth model of the influence of public investment, public transfers, and distortionary taxation on the rate of economic growth. The growth-enhancing effects of investment in public capital and transfer payments are modeled, as is the growth-inhibiting influence of the levying of distortionary taxes that are used to fund such expenditure. The theoretical implications of the model are then tested with data from 23 developed countries between 1971 and 1988, and time series cross sectional results are obtained that support the proposed influence of the public finance variables on economic growth. 
538 |a Mode of access: Internet 
830 0 |a IMF Staff Papers; IMF Staff Papers ;  |v No. 1995/002 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/024/1995/002/024.1995.issue-002-en.xml  |z IMF e-Library