Endogenous longevity, public debt and endogenous growth

被引：2

作者：

Kamiguchi, Akira ^{[1
]}

Hiraga, Kazuki ^{[2
]}

机构：

[1] Kindai Univ, Fac Econ, Osaka, Japan

[2] Tokai Univ, Sch Polit Sci & Econ, Hiratsuka, Kanagawa, Japan

来源：

APPLIED ECONOMICS LETTERS | 2019年 / 26卷 / 15期

基金：

日本学术振兴会;

关键词：

Endogenous longevity; public debt; endogenous growth;

D O I：

10.1080/13504851.2018.1557318

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study explores the mechanism that causes an inverted U-shaped relationship between the public debt to GDP ratio and the economic growth rate which is observed in empirical studies. We show that this relationship is caused even when the government does not introduce the golden rule of public finance, and government health care expenditure has important role in generating this relationship.

引用

收藏

页码：1289 / 1293

页数：5

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