Proceedings of the 2017 International Conference on Organizational Innovation (ICOI 2017)

Knowledge Spillover, Relative Wealth Seeking Motive and Government Expenditure Financing in Growth Analysis

Authors
Min-Liang Hsieh
Corresponding Author
Min-Liang Hsieh
Available Online July 2017.
DOI
https://doi.org/10.2991/icoi-17.2017.36How to use a DOI?
Keywords
Knowledge spillover, relative wealth seeking motive, government expenditure financing
Abstract
This paper introduces the motive of the relative wealth seeking, which characterizes the entrepreneurship, into a knowledge-spillover-type endogenous growth model with a cash-in-advance constraint on consumption purchases and investment goods. I attempt to reexamine the growth effect of the wasteful government expenditure expansion, financed by alternative distortionary tax schemes, including seigniorage, consumption tax and income tax.
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Proceedings
2017 International Conference on Organizational Innovation (ICOI 2017)
Part of series
Advances in Intelligent Systems Research
Publication Date
July 2017
ISBN
978-94-6252-359-3
ISSN
1951-6851
DOI
https://doi.org/10.2991/icoi-17.2017.36How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Min-Liang Hsieh
PY  - 2017/07
DA  - 2017/07
TI  - Knowledge Spillover, Relative Wealth Seeking Motive and Government Expenditure Financing in Growth Analysis
BT  - 2017 International Conference on Organizational Innovation (ICOI 2017)
PB  - Atlantis Press
SP  - 207
EP  - 212
SN  - 1951-6851
UR  - https://doi.org/10.2991/icoi-17.2017.36
DO  - https://doi.org/10.2991/icoi-17.2017.36
ID  - Hsieh2017/07
ER  -