Abstract：This paper employs a continuous-time stochastic endogenous growth model with government expenditure. By the method of dynamic optimization, the macroeconomic equilibrium is derived. And then, the model is used to analyze the macroeconomic effects of government expenditure and its volatility on economic growth. The optimal size of government is derived. Government expenditure encompasses productive and consumptive expenditure.
收稿日期: 2004-04-25
引用本文:
刘为凯 刘先忠. 政府花费与随机内生增长模型[J]. , 2004, 43(4): 0-0.
刘为凯 刘先忠. Government expenditure and stochastic endogenous growth model. , 2004, 43(4): 0-0.
