Fiscal policy effects, convergence, and growth |
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Authors: | Lorenzo Escot Miguel-Angel Galindo |
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Institution: | (1) C. U. San Pablo, USA;(2) Universidad Complutense de Madrid, Spain |
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Abstract: | The objective of this paper is to create an economic growth model with public capital that determines when exogenous or endogenous growth appears, showing the optimal public sector dimension, and determines the convergence equation condition. An empirical analysis is also developed for several countries. |
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