Crecimiento y capital público desde una perspectiva regionaluna extensión del modelo de Barro
ISSN: 0213-7585
Year of publication: 2002
Issue: 64
Pages: 75-92
Type: Article
More publications in: Revista de estudios regionales
Abstract
This paper presents an endogenous-growth model for two regions with public capital (considering congestion) and spillovers effects; we set a lineal income tax to finance public infrastructure. Under this framework, we obtain the growth rate of consumption in a decentralized and planned context, pointing out the differences between both of scenarios; also tax rate which maximize such growth rate is calculated. These results are compared to Barro's (1990) and the new conclusions that regional point of view incorporates are discussed.