Fiscal federalism and economic growth

被引：82
|
作者：
Brueckner, Jan K. [1 ]
机构：
[1] Univ Calif Irvine, Dept Econ, Irvine, CA 92697 USA
来源：
JOURNAL OF PUBLIC ECONOMICS | 2006年 / 90卷 / 10-11期
关键词：
fiscal federalism; endogenous growth;
D O I：
10.1016/j.jpubeco.2006.05.003
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper uses an endogenous-growth model with overlapping generations to explore the connection between fiscal federalism and economic growth. The analysis shows that federalism, which allows public-good levels to be tailored to suit the differing demands of young and old consumers, who live in different jurisdictions, increases the incentive to save. This stronger incentive in turn leads to an increase in investment in human capital, and a byproduct of this higher investment is faster economic growth. (c) 2006 Elsevier B.V. All rights reserved.
引用
收藏
页码：2107 / 2120
页数：14
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