Childcare Support and Economic Growth in an Ultra-Declining Birthrate Society

Yusuke Miyake

MPRA Paper from University Library of Munich, Germany

Abstract: This paper analyzes weather public capital investment oor childcare support maximize growth rate in an ultra-declining birthrate society using a labor augmented model with the public capital. We clarify the global stability of the private capital-public capital ratio to the steady state. In addition, we analyze the effect of increasing expenditure share of a tax revenue on the economic growth. The result of this analysis shows that increased share on the public capital investment brings the higher economic growth. This means that if all tax revenue is allocated to the public capital investment, the growth rate will be maximized.

Keywords: Public; capital; investment・; Childcare; support・; Income; tax・; Economic; growth (search for similar items in EconPapers)
JEL-codes: D91 E62 O41 (search for similar items in EconPapers)
Date: 2021-03-05
New Economics Papers: this item is included in nep-gro and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/106432/1/MPRA_paper_106432.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:106432

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().