Barro, Robert J. and Ursúa, José F. and Wang, Joanna, The Coronavirus and the Great Influenza Pandemic: Lessons from the “Spanish Flu” for the Coronavirus's Potential Effects on Mortality and Economic Activity (March 2020). I extend these models to include tax- financed government services that affect production or utility. Barro, Robert J. Government spending in a simple model of endogeneous growth.
Robert J. Barro Harvard University A panel study of over 100 countries from 1960 to 1995 finds that improvements in the standard of living predict increases in democ-racy, as measured by a subjective indicator of electoral rights.
Journal of Political Economy 98(S5): 103-125.
JavaScript is disabled for your browser. 1990.
The propensity for democracy rises with per capita GDP, primary schooling, and a smaller gap between male and female primary attainment. Data for 48 countries imply flu-related deaths in 1918-1920 of 40 million, 2.1 percent of world population, implying 150 million deaths when applied to current population. Growth and saving rates fall with an increase in utility-type expenditures; the two rates rise initially with productive government expenditures but subsequently decline. Subscribe to this fee journal for more curated articles on this topic
I extend these models to include tax- financed government services that affect production or utility. Biographie, bibliographie, lecteurs et citations de Robert J. Barro.
Robert Joseph Barro est né le 28 septembre 1944 à New York.
1990.
Journal of Political Economy 98(S5): 103-125.One strand of endogenous-growth models assumes constant returns to a broad concept of capital.
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday. We use cookies to help provide and enhance our service and tailor content. Barro, Robert J. and Ursúa, José F. and Wang, Joanna, The Coronavirus and the Great Influenza Pandemic: Lessons from the “Spanish Flu” for the Coronavirus's Potential Effects on Mortality and Economic Activity (March 2020). NBER Working Paper No.
Harvard University - Department of Economics; National Bureau of Economic Research (NBER)Mortality and economic contraction during the 1918-1920 Great Influenza Pandemic provide plausible upper bounds for outcomes under the coronavirus (COVID-19). 26866 March 2020, Revised April 2020 JEL No. Some features of this site may not work without it.Barro, Robert J. Government spending in a simple model of endogeneous growth.
Abstract One strand of endogenous-growth models assumes constant returns to a broad concept of capital.
Subscribe to this free journal for more curated articles on this topic w26866, Available at SSRN:
E1,I0,O4 ABSTRACT Mortality and economic contraction during the 1918-1920 Great Influenza Pandemic provide plausible upper bounds for outcomes under the coronavirus (COVID-19). Regressions with annual information on flu deaths 1918-1920 and war deaths during WWI imply flu-generated economic declines for GDP and consumption in the typical country of 6 and 8 percent, respectively.
There is also some evidence that higher flu death rates decreased realized real returns on stocks and, especially, on short-term government bills.
NBER Working Paper No.
Subscribe to this fee journal for more curated articles on this topic
With an income tax, the decentralized choices of growth and saving are "too low," but if the production function is Cobb-Douglas, the optimizing government still satisfies a natural condition for productive efficiency.
Economiste parmi les plus influents de c..
Robert J. Barro, José F. Ursúa, and Joanna Weng NBER Working Paper No.
Using the URL or DOI link below will ensure access to this page indefinitely Empirical evidence across countries supports some of the hypotheses about government and growth.This article is made available under the terms and conditions applicable to Other Posted Material, as set forth at