Política fiscal e investimento em infra-estrutura no contexto de modelos de gerações superpostas

AUTOR(ES)
DATA DE PUBLICAÇÃO

2008

RESUMO

The economic literature has emphasized the impact of fiscal policy and the incorporation of public capital on the formation of private capital, savings and productivity of labor. In this work, public capital (investment in infrastructure) is one of the factors of production. It was classified as infrastructure the capital that the government invests and immediately increases the productivity of private capital. The government seeks the best way to finance the investment in infrastructure like taxes on various economic variables such as consumption, income from work and remuneration of savings in order to maximize the indirect utility function in steady state of the agents. It shows that the publics investment appears, in the economy, as a propellant to the economic development and the level of taxation found in the calibration performed for the Brazilian economy in the period of 1994-1998 is different of the optimum value found in the models simulated

ASSUNTO(S)

economia monetaria e fiscal política fiscal; infra-estrutura (economia); reforma tributária; finanças públicas; investimentos gerações superpostas investimento público structure public investment tax reform tax policy overlapping generations infrastructure

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