Flat subsidies, technological change and transitional dynamics:: a welfare analysis

被引：0

作者：

García-Castrillo, P ^{[1
]}

Sanso, M ^{[1
]}

机构：

[1] Univ Zaragoza, Fac Econ, Zaragoza 50005, Spain

来源：

ECONOMICS LETTERS | 2000年 / 69卷 / 03期

关键词：

endogenous growth; technical change; transitional dynamics; industrial policy; thresholds;

D O I：

10.1016/S0165-1765(00)00310-4

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The best policy measures obtained under the assumption that the economy is always in the steady state will be non-optimal in the transition when at least one of the market distortions is dynamic. Using Romer's endogenous technological change model, we show that one of these measures could even be harmful for some parameter combinations. (C) 2000 Elsevier Science S.A. All rights reserved.

引用

页码：393 / 400

页数：8

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