Publication in refereed journal
香港中文大学研究人员 ( 现职)
| 赵志鉅教授 (经济学系) |
全文
| 数位物件识别号 (DOI) http://dx.doi.org/10.1111/j.1467-9361.2011.00646.x |
引用次数
Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/3WOS source URL
其它资讯
摘要Using an endogenous growth model, this paper examines the growth and welfare effects of the allocation of foreign aid in the recipient economy. As public inputs are a productive factor, a rise in the allocation of aid to the public inputs increases growth and hence the welfare of the economy. However, raising the ratio of aid to pollution abatement may not help an economy, because it crowds out public inputs. Since public inputs are also partly financed by income taxation, the welfare-maximizing income tax rate is larger than the growth-maximizing rate, because a portion of the aid constitutes a lump-sum transfer and can increase household consumption and hence welfare.
着者Chao CC, Hu SW, Lai CC, Tai MY
期刊名称REVIEW OF DEVELOPMENT ECONOMICS
出版年份2012
月份2
日期1
卷号16
期次1
出版社Wiley: 24 months
页次62 - 71
国际标準期刊号1http://aims.cuhk.edu.hk/converis/portal/Publication/36http://aims.cuhk.edu.hk/converis/portal/Publication/3-6669
语言英式英语
Web of Science 学科类别Business & Economics; Economics; ECONOMICS; Planning & Development; PLANNING & DEVELOPMENT; Public Administration
