Journal article
Government Spending on Public Infrastructure, Prices, Production and International Trade
Quarterly Review of Economics and Finance, Vol.41(1), pp.19-31
2001
Abstract
This paper examines the impact of a change in government spending on public infrastructure when monopolistic competition prevails in one sector of the economy. The analysis is based on a variation of the Spence-Dixit-Stiglitz model where the presence of internal economies in the production of a differentiated intermediate good leads to specialization based external economies in the production of the final good. It is shown that changes in government spending on public infrastructure can influence relative prices, production, the degree of specialization, and pattern of international trade.
Details
- Title
- Government Spending on Public Infrastructure, Prices, Production and International Trade
- Authors
- Sajid Anwar (Author) - Northern Territory University
- Publication details
- Quarterly Review of Economics and Finance, Vol.41(1), pp.19-31
- Publisher
- Elsevier BV, North-Holland
- Date published
- 2001
- DOI
- 10.1016/S1062-9769(00)00059-4
- ISSN
- 1062-6769
- Organisation Unit
- School of Business and Creative Industries; Indigenous and Transcultural Research Centre; University of the Sunshine Coast, Queensland; USC Business School - Legacy
- Language
- English
- Record Identifier
- 99448825202621
- Output Type
- Journal article
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