Fiscal Policy and Transition: The Case of Poland

Scott Baier and Gerhard Glomm

Chapter Chapter 6 in The Socio-Economic Transformation, 2007, pp 85-99 from Palgrave Macmillan

Abstract: Abstract In this chapter, a version of the Cass-Koopmans economy is used for the purpose of studying the impact of fiscal policy changes on capital accumulation. The focus of the study is on transitional dynamics. It is shown that even moderate change in fiscal policy can have sizeable level effects on income levels along the transition path.

Keywords: Capital Stock; Fiscal Policy; Capital Accumulation; Government Budget; Public Capital (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37903-9_6

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DOI: 10.1057/9780230379039_6

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