MILITARY SPENDING AND THE GROWTH-MAXIMIZING ALLOCATION OF PUBLIC CAPITAL: A CROSS-COUNTRY EMPIRICAL ANALYSIS.

In this paper we present an endogenous growth model to analyze the growth maximizing allocation of public investment among N different types of public capital. Using this general model of public capital formation, we analyze the stability of the long-run equilibrium and we derive the growth-maximizi...

Descripción completa

Detalles Bibliográficos

Publicado en:	Economic Inquiry Vol. 49; no. 4; pp. 1029 - 1042
Autores principales:	Kalaitzidakis, Pantelis, Tzouvelekas, Vangelis
Formato:	Artículo
Publicado:	Wiley-Blackwell October 2011
Materias:	Mathematical models Military spending Resource allocation > Mathematical models Infrastructure (Economics)
Acceso en línea:	Ver este registro en EBSCOhost