| Titre | Taxation, capital public et croissance : les méfaits du "court-termisme" | |
|---|---|---|
| Auteur | Arsène Rieber | |
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Revue | Economie et prévision |
| Numéro | no 136, 1998/5 | |
| Page | 63-72 | |
| Résumé anglais |
Taxation, Public Assets and Growth: The Harmfulness of "short-term Hedonism"
by Rieber Arsène
We use an endogenous growth model to study the effect of fiscal policy on economic dynamics. We extend the Barro model (1990) to impose a purpose on public levies: the financing of infrastructures. The model shows that, via the choice of tax tools, the government is confronted with the following situation: the aim of maximising long-run dynamics leads to a slowdown in the convergence rate. Conversely, a government that subjects its fiscal policy to short-run adjustment concerns will steer the economy towards a sub-optimal equilibrium in the long run. Source : Éditeur (via Persée) |
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| Article en ligne | http://www.persee.fr/web/revues/home/prescript/article/ecop_0249-4744_1998_num_136_5_5938 |
