Knowledge Spillover, Relative Wealth Seeking Motive and Government Expenditure Financing in Growth Analysis
Available Online July 2017.
- https://doi.org/10.2991/icoi-17.2017.36How to use a DOI?
- Knowledge spillover, relative wealth seeking motive, government expenditure financing
- 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.
- 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 -