Public health infrastructure and growth: Ways to improve the inferior equilibrium under multiple equilibria

Research in Economics - Tập 68 - Trang 194-207 - 2014
Kei Hosoya1
1Faculty of Economics, Tohoku Gakuin University, 1-3-1 Tsuchitoi, Aoba-ku, Sendai, Miyagi 980-8511, Japan

Tài liệu tham khảo

Arrow, 1970 Agénor, 2008, Health and infrastructure in a model of endogenous growth, J. Macroecon., 30, 1407, 10.1016/j.jmacro.2008.04.003 Agénor, 2012, Infrastructure, public education and growth with congestion costs, Bull. Econ. Res., 64, 449, 10.1111/j.1467-8586.2011.00395.x Agénor, 2013 Aghion, 2011, The relationship between health and growth, Rev. Econ. Inst., 2, 1 Barro, 1990, Government spending in a simple model of endogenous growth, J. Polit. Econ., 98, S103, 10.1086/261726 Ben-Gad, 2012, The two sector endogenous growth model, J. Macroecon., 34, 706, 10.1016/j.jmacro.2012.03.005 Benhabib, 1994, Uniqueness and indeterminacy, J. Econ. Theory, 63, 113, 10.1006/jeth.1994.1035 Bennett, 2000, Indeterminacy with non-separable utility, J. Econ. Theory, 93, 118, 10.1006/jeth.1999.2633 Bhattacharya, 2007, Public and private expenditures on health in a growth model, J. Econ. Dyn. Control, 31, 2519, 10.1016/j.jedc.2006.07.007 Capolupo, 2000, Output taxation, human capital and growth, Manch. Sch., 68, 166, 10.1111/1467-9957.00188 Chen, 2007, Congestible public goods and local indeterminacy, J. Econ. Dyn. Control, 31, 2486, 10.1016/j.jedc.2006.08.004 Fernández, 2004, Indeterminacy under non-separability of public consumption and leisure in the utility function, Econ. Model., 21, 409, 10.1016/S0264-9993(03)00038-5 Garibaldi, 2010 Gaspar, 2014, Economic growth and multiple equilibria, Econ. Model., 36, 157, 10.1016/j.econmod.2013.09.037 Gómez, 2007, Optimal tax structure in a two-sector model of endogenous growth, J. Macroecon., 29, 305, 10.1016/j.jmacro.2005.04.008 Gómez, 2008, Consumption and leisure externalities, economic growth and equilibrium efficiency, Scott. J. Polit. Econ., 55, 227, 10.1111/j.1467-9485.2008.00452.x Greiner, 1998, Growth and welfare effects of fiscal policy in an endogenous growth model with public investment, Int. Tax Public Financ., 5, 249, 10.1023/A:1008673925024 Greiner, 2008, Human capital formation, public debt and economic growth, J. Macroecon., 30, 415, 10.1016/j.jmacro.2006.08.003 Gupta, 2010, Health, infrastructure, environment and endogenous growth, J. Macroecon., 32, 657, 10.1016/j.jmacro.2009.09.001 Hansen, 2007, Intertemporal substitution and risk aversion, 3967, 10.1016/S1573-4412(07)06061-8 Hosoya, 2012, Growth and multiple equilibria, Econ. Model., 29, 1662, 10.1016/j.econmod.2012.05.020 Jones, 2011 Ladrón-de-Guevara, 1997, Equilibrium dynamics in two-sector models of endogenous growth, J. Econ. Dyn. Control, 21, 115, 10.1016/0165-1889(95)00927-2 López-Casasnovas, 2005 Mino, 2001, Indeterminacy and endogenous growth with social constant returns, J. Econ. Theory, 97, 203, 10.1006/jeth.2000.2693 Ortigueira, 1997, On the speed of convergence in endogenous growth models, Am. Econ. Rev., 87, 383 Park, 2004, Indeterminacy and fiscal policies in a growing economy, J. Econ. Dyn. Control, 28, 645, 10.1016/S0165-1889(03)00038-1 Pintea, 2010, Leisure externalities, J. Macroecon., 32, 1025, 10.1016/j.jmacro.2010.08.001 Raurich, 2003, Government spending, local indeterminacy and tax structure, Economica, 70, 639, 10.1046/j.0013-0427.2003.01111.x Sala-i-Martin, 2004, Determinants of long-term growth, Am. Econ. Rev., 94, 813, 10.1257/0002828042002570 Stokey, 1995, Growth effects of flat-rate taxes, J. Polit. Econ., 103, 519, 10.1086/261993 Turnovsky, 2002, Intertemporal and intratemporal substitution, and the speed of convergence in the neoclassical growth model, J. Econ. Dyn. Control, 26, 1765, 10.1016/S0165-1889(01)00094-X van Zon, 2001, Health and endogenous growth, J. Health Econ., 20, 169, 10.1016/S0167-6296(00)00072-2 Varvarigos, 2013, Endogenous fertility in a growth model with public and private health expenditures, J. Popul. Econ., 26, 67, 10.1007/s00148-012-0412-1