题名

聚集經濟、消費外部性與經濟成長

并列篇名

Agglomeration, Consumption Externality, and Growth

DOI

10.6277/ter.2010.383.3

作者

洪小文(Hsiao-Wen Hung)

关键词

聚集經濟 ; 消費外部性 ; 經濟成長 ; agglomeration ; consumption externality ; economic growth

期刊名称

經濟論文叢刊

卷期/出版年月

38卷3期(2010 / 09 / 01)

页次

387 - 412

内容语文

繁體中文

中文摘要

本文於中間財市場爲獨占性競爭的架構下,考慮生產面存在聚集經濟效益,中間商品多樣化對最終產出具規模報酬特性,而家計單位的消費,存在負的消費外部性的情況,討論聚集經濟效益和消費外部性與經濟成長率的關係、租稅政策之成長效果和最適租稅的制定。本文的重要結論爲:聚集經濟效益愈大,愈有利於經濟成長;消費外部性與經濟成長率有正相關。消費稅與所得稅的提高,不利於經濟成長,但對中間廠商的營運成本補貼,有利於成長。最適消費稅與消費及生產外部性的程度呈正相關,但面對不完全競爭的商品市場,應對要素所得補貼,以矯正生產的無效率。此外,聚集經濟效益愈大,對中間廠商的最適補貼率也愈高。

英文摘要

This paper analyzes the effect of agglomeration and a consumption externality, in the form of ”keeping up with the Joneses”, on growth under the framework of imperfectly competitive product markets. Consumption and production externalities and imperfect competition not only break the link between Pareto optimal and competitive equilibria, but also raise the issue of first-best fiscal policies. By considering the endogenously determined number of intermediate firms, we show that agglomeration reinforces economic growth and a consumption externality leads to an inappropriately high economic growth rate under competitive equilibrium. Furthermore, consumption and income taxes lower growth, but a subsidy to intermediate firms' operation costs benefits growth. Finally, we show that the optimal consumption tax is positively related to the size of the consumption externality. An optimal subsidy to offset the fixed cost and the degree of agglomeration is also described. The optimal income tax is to pay a subsidy to labor and capital in order to correct for production inefficiency.

主题分类 社會科學 > 經濟學
参考文献
  1. Duesenberry, J. S. (1949), Income, Saving, and Consumer Behavior, Cambridge, Massachusetts: Harvard University
  2. Hoover, E. M. (1 948), The Location of Economic Activity,New York: McGraw-Hill
  3. Marshall, A. (1890), Principles of Economics, London: McGraw-Hill
  4. Goolsbee, A.(2001), "Subsidies, the value of broadband, and the important of fixed costs", Working paper, University of Chicago, GSB.
  5. Alonso-Carrera, J.,Caballe, J.,Raurich, X.(2004).Consumption externalities, habit formation and equilibrium efficiency.Scandinavian Journal of Economics,106(2),231-251.
  6. Barro, R. J.(1990).Government spending in a simple model of endogenous growth.Journal of Political Economy,98(5),S103-126.
  7. Barro, R. J.,Sala-i-Martin, X.(2004).Economic Growth.Cambridge:MIT Press.
  8. Cohen, J. P.,Paul, C. J. M.(2005).Agglomeration economies and industry location decisions: The impacts of spatial and industrial spillovers.Regional Science and Urban Economics,35(3),215-237.
  9. Devereux, M. B.,Head, A. C.,Lapham, B. J.(2000).Government spending and welfare with returns to specialization.Scandinavian Journal of Economics,102(4),547-561.
  10. Devereux, M. B.,Head, A. C.,Lapham, B. J.(1996).Monopolistic competition, increasing returns, and the effects of government spending.Journal of Money, Credit, and Banking,28(2),233-254.
  11. Dupont, V.(2007).Do geographical agglomeration, growth and equity conflict?.Papers in Regional Science,86(2),193-213.
  12. Dupor, B.,Liu, W.(2003).Jealousy and equilibrium overconsumption.American Economic Review,93(1),423-428.
  13. Fujita, M.,Krugman, P.(2004).The new economic geography: Past, present and the future.Papers in Regional Science,83(1),139-164.
  14. Fujita, M.,Thisse, J.(2003).Does geographical agglomeration foster economic growth? And who gains and loses from it?.Japanese Economic Review,54(2),121-145.
  15. Galí, J.(1994).Keeping up with the Joneses: Consumption externalities, portfolio choice, and asset prices.Journal of Money, Credit, and Banking,26(1),1-8.
  16. Guo, J.(2005).Tax policy under keeping up with the Joneses and imperfect competition.Annals of Economics and Finance,6(1),25-36.
  17. Hornstein, A.(1993).Monopolistic competition, increasing returns to scale, and the importance of productivity shocks.Journal of Monetary Economics,31(3),299-316.
  18. Krugman, P.(1991).Increasing returns and economic geography.Journal of Political Economy,99(3),483-499.
  19. Liu, W.,Turnovsky, S. J.(2005).Consumption externalities, production externalities, and long-run macroeconomic efficiency.Journal of Public Economics,89(5-6),1097-1129.
  20. Ljungqvist, L.,Uhlig, H.(2000).Tax policy and aggregate demand management under catching up with the Joneses.American Economic Review,90(3),356-366.
  21. Lucas, R. E., Jr.(1988).On the mechanics of economic development.Journal of Monetary Economics,22(1),3-42.
  22. Martin, P.,Ottaviano, G. I. P.(2001).Growth and agglomeration.International Economic Review,42(4),947-968.
  23. Ouyang, H. S.(2006).Agency problem, institutions, and technology policy: Explaining Taiwan's semiconductor industry development.Research Policy,35(9),1314-1328.
  24. Rebelo, S.(1991).Long-run policy analysis and long-run growth.Journal of Political Economy,99(3),500-521.
  25. Romer, P. M.(1990).Endogenous technological change.Journal of Political Economy,98(5),S71-102.
  26. Romer, P. M.(1986).Increasing returns and long-run growth.Journal of Political Economy,94(5),1002-1037.
  27. Turnovsky, S. J.(1996).Optimal tax, debt, and expenditure policies in a growing economy.Journal of Public Economics,60(1),21-44.
  28. Turnovsky, S. J.(2000).Fiscal policy, elastic labor supply, and endogenous growth.Journal of Monetary Economics,45(1),185-210.
  29. Turnovsky, S. J.,Monteiro, G.(2007).Consumption externalities, production externalities, and efficient capital accumulation under time non-separable preferences.European Economic Review,51(2),479-504.
被引用次数
  1. 金志婷(2014)。消費外部性與景氣循環:疊代模型的分析。亞太經濟管理評論,17(2),1-16。