Learning-by-doing, government spending and economic growth: a model à la Matsuyama-Barro

Learning-by-doing and external productive effects of government spending are well-known engines of long-run economic growth. To the best of our knowledge, the interaction of these growth engines has not been analysed. This paper aims at filling this vacuum by combining the approaches of Matsuyama (1...

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Autor principal: Ortiz, Carlos Humberto - Autor/a
Formato: Text Doc. de trabajo / Informes
Lenguaje:Eng
Publicado: CIDSE, Centro de Investigaciones y Documentación Socioeconomica 2012
Materias:
Acceso en línea:http://biblioteca.clacso.edu.ar/gsdl/collect/co/co-006/index/assoc/D7704.dir/doc68.pdf
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id I16-R122-D7704
record_format dspace
institution Consejo Latinoamericano de Ciencias Sociales
institution_str I-16
repository_str R-122
collection Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO)
language Eng
topic Economía
Crecimiento económico
Industrialización
Política fiscal
Gastos públicos
Política industrial
Desarrollo económico
spellingShingle Economía
Crecimiento económico
Industrialización
Política fiscal
Gastos públicos
Política industrial
Desarrollo económico
Ortiz, Carlos Humberto - Autor/a
Learning-by-doing, government spending and economic growth: a model à la Matsuyama-Barro
topic_facet Economía
Crecimiento económico
Industrialización
Política fiscal
Gastos públicos
Política industrial
Desarrollo económico
description Learning-by-doing and external productive effects of government spending are well-known engines of long-run economic growth. To the best of our knowledge, the interaction of these growth engines has not been analysed. This paper aims at filling this vacuum by combining the approaches of Matsuyama (1992) and Barro (1990). In the ensuing model, industrialization and growth are directly related. Governments may play a role in industrialization by adopting an optimal fiscal policy, and through improving efficiency. There is also room for industrial policies that lead to an optimal allocation of resources. The latter possibility is in contradiction to an open commercial regime that leads to deindustrialization. The model is used to think about some development experiences, specially about the slowdown of the Colombian economy since the 1980s.
format Text
Doc. de trabajo / Informes
author Ortiz, Carlos Humberto - Autor/a
author_facet Ortiz, Carlos Humberto - Autor/a
author_sort Ortiz, Carlos Humberto - Autor/a
title Learning-by-doing, government spending and economic growth: a model à la Matsuyama-Barro
title_short Learning-by-doing, government spending and economic growth: a model à la Matsuyama-Barro
title_full Learning-by-doing, government spending and economic growth: a model à la Matsuyama-Barro
title_fullStr Learning-by-doing, government spending and economic growth: a model à la Matsuyama-Barro
title_full_unstemmed Learning-by-doing, government spending and economic growth: a model à la Matsuyama-Barro
title_sort learning-by-doing, government spending and economic growth: a model à la matsuyama-barro
publisher CIDSE, Centro de Investigaciones y Documentación Socioeconomica
publishDate 2012
url http://biblioteca.clacso.edu.ar/gsdl/collect/co/co-006/index/assoc/D7704.dir/doc68.pdf
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bdutipo_str Repositorios
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