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The Dynamic Effects of Taxes and Government Spending in a Calibrated Canadian Endogenous Growth Model

Author

Listed:
  • Xu, J

Abstract

This paper develops a two-sector (final goods and human capital) general equilibrium endogenous growth model with government spending financed by the three distorting taxes. Endogenous labour-leisure choice is considered. The growth is driven by physical and human capital accumulation as well as public investment.

Suggested Citation

  • Xu, J, 1997. "The Dynamic Effects of Taxes and Government Spending in a Calibrated Canadian Endogenous Growth Model," Working Papers-Department of Finance Canada 1997-02, Department of Finance Canada.
  • Handle: RePEc:fca:wpfnca:1997-02
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    More about this item

    Keywords

    PUBLIC EXPENDITURES ; GENERAL EQUILIBRIUM ; ECONOMIC MODELS ; TAXATION;
    All these keywords.

    JEL classification:

    • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
    • H2 - Public Economics - - Taxation, Subsidies, and Revenue

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