Productive public input, integration and agglomeration

Ott, Ingrid; Soretz, Susanne

doi:10.1016/j.regsciurbeco.2010.07.001

Cited by 9 publications

(9 citation statements)

References 18 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Hence, methodologically this study belongs to the ‘stock case’ to which we turn in . Ott and Soretz (2007) argue that relative congestion of productive government activity may also be important for the spatial distribution of economic activity.…”

mentioning

confidence: 99%

Productive Government Expenditure and Economic Growth

Irmen

Kuehnel

2009

Journal of Economic Surveys

136

View full text Add to dashboard Cite

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in EconStor may University of HeidelbergAbstract: We provide a comprehensive survey of the recent literature on the link between productive government expenditure and economic growth. Starting with the seminal paper of Robert Barro (1990) we show that an understanding of the core results of the ensuing contributions can be gained from the study of their respective Euler equations. We argue that the existing literature incorporates many relevant aspects, however, policy recommendations tend to hinge on several knife-edge assumptions. Therefore, future research ought to focus more on idea-based endogenous growth models to check the robustness of policy recommendations. Moreover, the inclusion of hitherto unexplored types of government expenditure, e. g., on the "rule of law", would be desirable.

show abstract

mentioning

confidence: 99%

Productive Government Expenditure and Economic Growth

Irmen

Kuehnel

2009

Journal of Economic Surveys

136

View full text Add to dashboard Cite

show abstract

“…5 5 See the works of Ott and Soretz (2008), Tuijl et al (1997), Raurich‐Puigdevall (2000), Turnovsky (1996, 1997), etc. …”

mentioning

confidence: 99%

Public Expenditure, Environment, and Economic Growth

Barman

Gupta

2010

J Public Economic Theory

View full text Add to dashboard Cite

This paper attempts to develop a model of endogenous growth with special consideration to the role of productive public expenditure in the presence of congestion effect of private capital and environmental pollution. We analyze the properties of the optimal fiscal policy in the steady-state equilibrium when the level of production of the final good is the source of emission. Government allocates its income tax revenue between pollution abatement expenditure and productive public expenditure. In the steady-state equilibrium, optimum ratio of productive public expenditure to national income is less than the competitive output share of the public input; and this ratio varies inversely with the magnitude of the emission-output coefficient. The steady-state equilibrium appears to be a saddle point; and the market economy growth rate is not necessarily less than the socially efficient growth rate in the steady-state equilibrium. Copyright � 2010 Wiley Periodicals, Inc..

show abstract

“…However, we do not formalize any commuting costs and land prices. Thus, given its endogenous growth structure and its focus on the macroeconomic impact of public spending across different regions, it appears closer to another strand of the literature by de la Fuente and Vives (1995), Zhang (1997), Alonso-Carrera, Freire-Seren, and Manzano (2009), Ott and Soretz (2010), and Arcalean, Glomm, and Schiopu (2012). In particular, de la Fuente and Vives (1995) show that government's investments in training and infrastructure may be important tools to reduce regional disparity.…”

Section: Introductionmentioning

confidence: 77%

“…These are issues absent in Zhang's work. In that sense, the present framework complements the recent contribution by Ott and Soretz (2010), who explore the potential impact of regional policy on the spatial distribution of economic activity. The critical difference is that our focal point is the examination of individuals' choice to relocate through the channel of public policy on infrastructure.…”

Section: Introductionmentioning

confidence: 78%

On the Macroeconomic Impact of a Regional Development Policy with Endogenous Residential Choice

Boonprakaikawe¹,

Tournemaine²

2014

Review of Regional Studies

View full text Add to dashboard Cite

This paper develops a simple two-region endogenous growth model in which individuals must choose where to reside and the government decides the amount of productive public investments for each area. In such a framework, we analyze the implications of a change in government's regional policy on individuals' residential choice, growth, inequality and welfare. In doing so, we put in evidence the key role played by the strength of congestion effects in production. When they are strong, we show that an increase in the amount of public infrastructure in the poor region not only increases growth and welfare but also reduces economywide inequalities. Therefore, there is no trade-off between growth, welfare and inequality. Interestingly, we also show that inequality can always be dampened if the development gap across regions is initially high.

show abstract

Productive public input, integration and agglomeration

Cited by 9 publications

References 18 publications

Productive Government Expenditure and Economic Growth

Productive Government Expenditure and Economic Growth

Public Expenditure, Environment, and Economic Growth

On the Macroeconomic Impact of a Regional Development Policy with Endogenous Residential Choice

Contact Info

Product

Resources

About