Human Capital, Public Debt, and Economic Growth : A Political Economy Analysis

• 資料種別: 文書・図像類
• タイトル: Human Capital, Public Debt, and Economic Growth : A Political Economy Analysis
• 著者・編者: Uchida, Yuki; Ono, Tetsuo
• 著者標目: Uchida, Yuki; Ono, Tetsuo; https://nrid.nii.ac.jp/nrid/1000050305661
• 出版事項: Graduate School of Economics and Osaka School of International Public Policy (OSIPP), Osaka University
• 出版年月日等: 2017-10
• 出版年（W3CDTF）: 2017-10
• タイトル（掲載誌）: Discussion Papers In Economics And Business
• 巻号年月日等（掲載誌）: 16-01-Rev.3
• 掲載巻: 16-01-Rev.3
• 掲載ページ: 1-39
• 本文の言語コード: eng
• 件名標目: Economic growth; Human capital; Public debt; Political equilibrium
• 対象利用者: 一般
• 一般注記: * Revised： [16-01, 2016]; * Revised： [16-01-Rev., 2016]; * Revised： [16-01-Rev.2, 2017]; This study considers the politics of public education policy in an overlapping-generations model with physical and human capital accumulation. In particular, this study examines how debt and tax financing differ in terms of growth and welfare across generations, as well as which fiscal stance voters support. The analysis shows that the growth rate in debt financing is lower than that in tax financing, and that debt financing creates a tradeoff between the present and future generations. The analysis also shows that debt financing attains slower economic growth than that realized by the choice of a social planner who cares about the welfare of all generations.
• 参照（URI）: http://www2.econ.osaka-u.ac.jp/library/global/dp/1601R3.pdf; URI
• 連携機関・データベース: 国立情報学研究所 : 学術機関リポジトリデータベース（IRDB）（機関リポジトリ）; https://irdb.nii.ac.jp
• 提供元機関・データベース: 大阪大学 : 大阪大学学術情報庫 桜華