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A theoretical Assessment: The Limit of Governmental Expenditures or Investments on Economic Growth

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  • Rosas Martínez, Víctor Hugo

Abstract

Our growth model results claim: A trade-off between remaining in equilibrium color and getting to the free-deprivations limit; can The decentralized solution reach pareto optimality; An endogenous change of the participation of capital; No endogenous growth; Whether an economy gets to the free-deprivations public services impact limit on growth depends on the technology; The paper contribution to be at the transitional dynamics field.. Not only is the model consistent with diverse empirical tests like Passinetti’s stylized facts. Claim after claim, one basically closes further conceiving the introduction of the provided limit as a fair novel addition

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  • Rosas Martínez, Víctor Hugo, 2022. "A theoretical Assessment: The Limit of Governmental Expenditures or Investments on Economic Growth," MPRA Paper 114698, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:114698
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    References listed on IDEAS

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    More about this item

    Keywords

    Economic Growth; Public Policy; Public Provisions; Limit; Extra Capacity;
    All these keywords.

    JEL classification:

    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy
    • O23 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Fiscal and Monetary Policy in Development
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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