PubData Leuphana Repository: Regional growth strategies: fiscal versus institutional governmental policies

Please use this identifier to cite or link to this item: https://doi.org/10.48548/pubdata-1219

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Field	Value
Resource type	Working Paper
Title(s)	Regional growth strategies: fiscal versus institutional governmental policies
DOI	10.48548/pubdata-1219
Handle	20.500.14123/1282
Creator	Ott, Ingrid 136759203 Soretz, Susanne
Abstract	This paper analyzes the growth impact of fiscal and institutional governmental policies in a regional context. The government provides a productive input that is complementary to private capital. Institutional policies include the decision about the type of public input as well as on the size of the region as determined by the number of firms. Fiscal policies decide on the extent of the public input. Private capital accumulation incurs adjustment costs that depend upon the ratio between private and public investment. After deriving the decentralized equilibrium, fiscal and institutional policies as well as their interdependencies and welfare implications are discussed. Due to the feedback effects both policies may not be determined independently. It is also shown that depending on the region’s size different types of the public input maximize growth.
Language	English
Keywords	Fiscal Policy; Regional Growth; Adjustment Costs; Congested Public Inputs; Fiskalpolitik; Wirtschaftswachstum
DDC	330 :: Wirtschaft
Year of publication in PubData	2006
Publishing type	First publication
Publication version	Published version
Date issued	2006-10-13
Creation context	Research
Faculty / department	Frühere Fachbereiche
Series title and number	Working paper series in economics 30
Alternative Idenfier(s)	urn:nbn:de:gbv:luen4-opus4-4366
Date of Availability	2024-08-23T07:46:22Z
Archiving Facility	Medien- und Informationszentrum (Leuphana Universität Lüneburg 02w2y2t16)
Published by	Medien- und Informationszentrum, Leuphana Universität Lüneburg