Dynamic Political Effects in a Neoclassic Growth Model with Healthcare and Creative Activities

• Tipo: Artigo em Livro de Atas de Conferência Internacional
• Data: 2015

Autores

Guimarães, L (Autor) Outra; Óscar Afonso (Autor) FEP; Vasconcelos, PB (Autor) FEP

Ata de Conferência Internacional

Título: Dynamics, Games and Science

Páginas: 317-326

International Conference and Advanced School Planet Earth, Dynamics, Games and Science II (DGS II)

World Renowned Calouste Gulbenkian Fdn, PORTUGAL, AUG 28-SEP 06, 2013

Indexação

ISI Web of Knowledge - 1 Citação

Outras Informações

ID Authenticus: P-00K-RQE

DOI: 10.1007/978-3-319-16118-1_17

Abstract (EN): This paper extends the Ramsey-Cass-Koopmans (RCK) model by considering both a non constant number of hours worked by each individual through time and leisure, which includes healthcare and creative activities. With this extension, the seminal RCK model can be used to analyse the economic growth effects arising from governmental policies. In this context, governmental expenditures financed by lump-sum taxes and inefficient expenditures lead to a decrease in the short, medium and long-run economic growth.

Idioma: Inglês

Tipo (Avaliação Docente): Científica

Nº de páginas: 10