Browsing Economics Working Papers by Subject "Public capital"

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  • Ellis, Christopher J.; Fender, John (University of Oregon, Dept. of Economics, 2003-06-10)
    We develop a Ramsey type model of economic growth in which the "Engine of Growth" is public capital accumulation. Public capital is a public good, and is financed by taxes on private output. The government may either use ...
  • Chakraborty, Shankha; Lahiri, Amartya (University of Oregon, Dept. of Economics, 2003-01-01)
    Distortions in private investment due to credit frictions, and in public investment due to corruption and bureaucratic inefficiencies, have both been suggested as important factors in accounting for the cross-country per ...

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