Public expenditures and economic development: macroeconomic effects and regional specificities

Dépenses publiques et croissance: effets macro-économiques et spécificités régionales

Sylvie Charlot

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Abstract: This working paper considers the links between public expenditures and economic growth of a region. To begin with, the impacts of public expenditures on growth are analyzed in a macroeconomic framework, using endogenous growth models and the Kaldorian development theory. Then, regional specificities are taken into account. The analysis focuses on externalities produced by public expenditures and on their local aspects. In particular, one considers the regional externalities produced by transport and communication infrastructures and relationship between these externalities and agglomeration economies. This work acrouses a question about the consequences of state intervention on regional growth paths and on convergence (divergence) of regional wealth.

Keywords: administration; croissance endogène; croissance régionale; dépenses publiques; infrastructures; economics; economic theory; management; business studies; administration (search for similar items in EconPapers)
Date: 1996
Note: View the original document on HAL open archive server: https://hal.science/hal-01527209
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Published in [Rapport de recherche] Laboratoire d'analyse et de techniques économiques(LATEC). 1996, 19 p., ref. bib. : 2 p

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