Rivas-Aceves, Salvador (2013): El sector público y el cambio tecnológico. Forthcoming in: Revista Políticas Públicas , Vol. 1, (2013): pp. 73-96.
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Abstract
In this paper we study the impact on growth due to a technological change generated by the government. At the beginning the required main conditions to create new technologies are defined and the conditions for the macroeconomic equilibrium are established. Under a deterministic model the effects of the government’s participation on growth are examined and then the optimal government expenditure that maximizes the agent’s wealth is found. Moreover in a stochastic model the government’s participation into the economic activities through generating new technologies are studied; specifically there is a positive impact on growth and wealth from technological change induced by the government spending.
Item Type: | MPRA Paper |
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Original Title: | El sector público y el cambio tecnológico |
English Title: | The public sector and technological change |
Language: | Spanish |
Keywords: | crecimiento endógeno, gasto de gobierno, cambio tecnológico, sector público |
Subjects: | H - Public Economics > H0 - General > H00 - General |
Item ID: | 58267 |
Depositing User: | Revista Políticas Públicas |
Date Deposited: | 10 Sep 2014 15:16 |
Last Modified: | 05 Oct 2019 04:49 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/58267 |