請用此 Handle URI 來引用此文件:
http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/17932
完整後設資料紀錄
DC 欄位 | 值 | 語言 |
---|---|---|
dc.contributor.advisor | 陳虹如(Hung-Ju Chen) | |
dc.contributor.author | Jen-Kuan Wang | en |
dc.contributor.author | 王人寬 | zh_TW |
dc.date.accessioned | 2021-06-08T00:46:29Z | - |
dc.date.copyright | 2020-08-24 | |
dc.date.issued | 2020 | |
dc.date.submitted | 2020-08-17 | |
dc.identifier.citation | Acemoglu, Daron, Philippe Aghion, and Fabrizio Zilibotti (2006), “Distance to frontier, selection, and economic growth,” Journal of the European Economic association, 4(1), 37–74.
Banerjee, Abhijit V and Esther Duflo (2005), “Growth theory through the lens of development economics,” Handbook of Economic Growth, 1, 473–552. Buera, Francisco J, Joseph P Kaboski, and Yongseok Shin (2011), “Finance and development: A tale of two sectors,” American Economic Review, 101(5), 1964–2002. Buera, Francisco J and Yongseok Shin (2017), “Productivity growth and capital flows: The dynamics of reforms,” American Economic Journal: Macroeconomics,9(3), 147–85. Caballero, Ricardo J and Guido Lorenzoni (2014), “Persistent appreciations and overshooting: A normative analysis,” IMF Economic Review, 62(1), 1–47. Gopinath,Gita,SebnemKalemli-Özcan,Loukas Karabarbounis,and Carolina Villegas-Sanchez (2017), “Capital allocation and productivity in South Europe,” The Quarterly Journal of Economics, 132(4), 1915–1967. Hall, Robert E and Charles I Jones (1999), “Why do some countries produce so much more output per worker than others?” The Quarterly Journal of Economics, 114(1), 83–116. Hopenhayn, Hugo A (2014), “Firms, misallocation, and aggregate productivity: A review,” Annual Review of Economics, 6(1), 735–770. Hsieh, Chang-Tai and Peter J Klenow (2009), “Misallocation and manufacturing TFP in China and India,” The Quarterly Journal of Economics, 124(4), 1403–1448. Itskhoki, Oleg and Benjamin Moll (2019), “Optimal Development Policies With Financial Frictions,” Econometrica, 87(1), 139–173. Jeong, Hyeok and Robert M Townsend (2007), “Sources of TFP growth: occupational choice and financial deepening,” Economic Theory, 32(1), 179–221. Kim, Dae-II and Robert H Topel (1995), “Labor markets and economic growth: lessons from Korea’s industrialization, 1970-1990,” in, Differences and Changes in Wage Structures, University of Chicago Press, 227–264. Kim, Kihwan and Danny M Leipziger (1993), Korea: a case of government-led development, World Bank Publications. Klenow, Peter J and Andres Rodriguez-Clare (1997), “The neoclassical revival in growth economics: Has it gone too far?” NBER Macroeconomics Annual, 12, 73–103. Midrigan, Virgiliu and Daniel Yi Xu (2014), “Finance and misallocation: Evidence from plant-level data,” American Economic Review, 104(2), 422–58. Mino, Kazuo (2016), “Fiscal policy in a growing economy with financial frictions and firm heterogeneity,” The Japanese Economic Review, 67(1), 3–30. Prescott, Edward C (1998), “Lawrence R. Klein lecture 1997: Needed: A theory of total factor productivity,” International Economic Review, 525–551. Restuccia, Diego and Richard Rogerson (2008), “Policy distortions and aggregate productivity with heterogeneous establishments,” Review of Economic Dynamics, 11(4), 707–720. Restuccia, Diego and Richard Rogerson (2013), “Misallocation and productivity,” Review of Economic Dynamics, 16(1), 1–10. Restuccia, Diego and Richard Rogerson (2017), “The causes and costs of misallocation,” Journal of Economic Perspectives, 31(3), 151–74. Song, Zheng, Kjetil Storesletten, and Fabrizio Zilibotti (2011), “Growing like china,” American Economic Review, 101(1), 196–233. Turnovsky, Stephen J (2004), “The transitional dynamics of fiscal policy: Long-run capital accumulation and growth,” Journal of Money, Credit and Banking, 36(5), 883–910. Wu, Tsong-Min (2016), From Economic Controls to Export Expansion in Postwar Taiwan: 1946-1960, tech. rep., Research Institute of Economy, Trade and Industry (RIETI). | |
dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/17932 | - |
dc.description.abstract | 從歷史上可以觀察到,許多經濟體在發展早期,並無良好運作的借貸市場,因而不利於資源分配與資本累積。本文從動態財政學的文獻出發,討論面對這樣的經濟體,政府最適切的角色為何。模型的環境設定中,生產者彼此間有生產力的異質性,而生產力在市場上並非全然的私有資訊,因此也會影響其借貸受限的程度。在考慮政府可以動用勞動稅與儲蓄稅的情境中,最適的成長政策會是在發展早期刺激勞動供給、壓低工資帶來的生產成本;而當生產者已有足夠的財富累積,政策則應平滑地轉向成對資本家不利,使勞工增加休閒,並提升工資。在考慮各式的稅收與補貼政策後,若借款人的生產力資訊愈不透明,則政府介入能帶來的福祉愈多。此外,除了在要素市場中的財政政策,我們進一步考慮公共資本在成長歷程中的最適投資,並發現早期較大量的公共財投資能夠緩解其他財政政策帶來的市場扭曲,且有助於生產者更快地脫離借貸限制帶來的困境。 | zh_TW |
dc.description.abstract | We follow the dynamic public finance literature to discuss the optimal development policy that overcomes financial frictions in the capital market. In particular, producers are heterogeneous with respect to the extent of collateral constraint. The degree of heterogeneity depends on the correlation between a borrower's productivity and her borrowing successful rate, which we interpret as an information barrier. Aside from a direct transfer policy implemented by the social planner, we further introduce government capital to the official toolkit. Under the Ramsey optimal policy framework, the more severe the information barrier is, the more appreciated the intervention would be. In addition, government capital provision can be a good company while utilizing other distortionary subsidies concurrently, and its dynamic displays similar pattern along the growth path as in the previous literatures: pro-business in the short-run, and pro-worker in the long-run. | en |
dc.description.provenance | Made available in DSpace on 2021-06-08T00:46:29Z (GMT). No. of bitstreams: 1 U0001-1308202022111400.pdf: 1619551 bytes, checksum: c74504616fc65da26cbc4fa5c89e8539 (MD5) Previous issue date: 2020 | en |
dc.description.tableofcontents | 序言 ............................................................. i 摘要 ............................................................. ii Abstract ........................................................ iii Contents ........................................................ iv List of Figures ................................................. v 1 Introduction .................................................. 1 2 Benchmark Model ............................................... 5 2.1 Household(workers) .......................................... 6 2.2 Production(Entrepreneurs).................................... 6 2.3 Aggregation and Equilibrium ................................. 10 2.4 Inefficiency: The Return Wedge .............................. 13 3 Optimal Policy in a One-Sector Economy ........................ 14 3.1 Economy with Taxes .......................................... 14 3.2 Optimal Ramsey Policies ..................................... 16 4 Additional Instruments and Government Capital ................. 21 5 Conclusions ................................................... 25 Appendix ........................................................ 27 References ...................................................... 37 | |
dc.language.iso | en | |
dc.title | 異質性借貸限制下的最適成長政策 | zh_TW |
dc.title | Optimal Development Policy under Heterogeneous Collateral Constraint | en |
dc.type | Thesis | |
dc.date.schoolyear | 108-2 | |
dc.description.degree | 碩士 | |
dc.contributor.oralexamcommittee | 陳南光(Nan-Kuang Chen),曹添旺(Tien-Wang Tsaur) | |
dc.subject.keyword | 借貸限制,動態財政學,資源錯置,公共財支出, | zh_TW |
dc.subject.keyword | Financial friction,Ramsey Taxation,Public Capital, | en |
dc.relation.page | 39 | |
dc.identifier.doi | 10.6342/NTU202003332 | |
dc.rights.note | 未授權 | |
dc.date.accepted | 2020-08-18 | |
dc.contributor.author-college | 社會科學院 | zh_TW |
dc.contributor.author-dept | 經濟學研究所 | zh_TW |
顯示於系所單位: | 經濟學系 |
文件中的檔案:
檔案 | 大小 | 格式 | |
---|---|---|---|
U0001-1308202022111400.pdf 目前未授權公開取用 | 1.58 MB | Adobe PDF |
系統中的文件,除了特別指名其著作權條款之外,均受到著作權保護,並且保留所有的權利。