Fiscal Policy and Economic Growth
综述财政政策与经济增长的文献，构建统一框架分析政府收支对长期增长的影响，发现多种税率和支出类别直接影响增长率，并指出政策变量间的等价性为短期政策留出空间。
This paper surveys the literature on fiscal policy and economic growth. We present a unifying framework for the analysis of long run growth implications of government expenditures and revenues. We find that several tax rates and expenditure categories exhibit a direct impact on the growth rate of the economy. In a creative synthesis we have assigned the relevant literature to the twelve introduced policy variables. Due to the equivalence of some policy variables we are left with six degrees of freedom, where we need four to internalize the model’s intrinsic externalities, leaving two instruments to conduct short run fiscal policy.