{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,4,20]],"date-time":"2026-04-20T10:07:20Z","timestamp":1776679640023,"version":"3.51.2"},"reference-count":35,"publisher":"Elsevier BV","issue":"2","license":[{"start":{"date-parts":[[2003,2,1]],"date-time":"2003-02-01T00:00:00Z","timestamp":1044057600000},"content-version":"tdm","delay-in-days":0,"URL":"https:\/\/www.elsevier.com\/tdm\/userlicense\/1.0\/"}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Journal of Economic Theory"],"published-print":{"date-parts":[[2003,2]]},"DOI":"10.1016\/s0022-0531(03)00027-9","type":"journal-article","created":{"date-parts":[[2003,4,25]],"date-time":"2003-04-25T02:16:19Z","timestamp":1051236979000},"page":"322-344","source":"Crossref","is-referenced-by-count":27,"title":["Fiscal policy and indeterminacy in models of endogenous growth"],"prefix":"10.1016","volume":"108","author":[{"given":"Michael","family":"Ben-Gad","sequence":"first","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"78","reference":[{"key":"10.1016\/S0022-0531(03)00027-9_BIB1","doi-asserted-by":"crossref","first-page":"249","DOI":"10.1086\/262073","article-title":"Returns to scale in US production","volume":"105","author":"Basu","year":"1997","journal-title":"J. Polit. Econom."},{"key":"10.1016\/S0022-0531(03)00027-9_BIB2","doi-asserted-by":"crossref","first-page":"421","DOI":"10.1016\/0304-3932(96)01257-3","article-title":"Indeterminacy and sector-specific externalities","volume":"37","author":"Benhabib","year":"1996","journal-title":"J. Monet. Econom."},{"key":"10.1016\/S0022-0531(03)00027-9_BIB3","first-page":"82","article-title":"Externalities and growth accounting","volume":"81","author":"Benhabib","year":"1991","journal-title":"Amer. Econom. Rev."},{"key":"10.1016\/S0022-0531(03)00027-9_BIB4","doi-asserted-by":"crossref","first-page":"113","DOI":"10.1006\/jeth.1994.1035","article-title":"Uniqueness and indeterminacy","volume":"63","author":"Benhabib","year":"1994","journal-title":"J. Econom. Theory"},{"key":"10.1016\/S0022-0531(03)00027-9_BIB5","doi-asserted-by":"crossref","first-page":"149","DOI":"10.1006\/jeth.1996.0008","article-title":"A general two-sector model of endogenous growth with human and physical capital","volume":"68","author":"Bond","year":"1996","journal-title":"J. Econom. Theory"},{"key":"10.1016\/S0022-0531(03)00027-9_BIB6","doi-asserted-by":"crossref","first-page":"177","DOI":"10.1016\/0304-3932(96)01253-6","article-title":"Production function regressions, returns to scale, and externalities","volume":"37","author":"Burnside","year":"1996","journal-title":"J. Monet. Econom."},{"key":"10.1016\/S0022-0531(03)00027-9_BIB7","doi-asserted-by":"crossref","first-page":"209","DOI":"10.1016\/0304-3932(92)90013-R","article-title":"External effects in US procyclical productivity","volume":"29","author":"Caballero","year":"1992","journal-title":"J. Monet. Econom."},{"key":"10.1016\/S0022-0531(03)00027-9_BIB8","doi-asserted-by":"crossref","first-page":"583","DOI":"10.2307\/2527183","article-title":"Externalities and dynamics in models of learning by doing","volume":"34","author":"Chamley","year":"1993","journal-title":"Internat. Econom. Rev."},{"key":"10.1016\/S0022-0531(03)00027-9_BIB9","first-page":"492","article-title":"Output dynamics in real business cycle models","volume":"85","author":"Cogley","year":"1995","journal-title":"Amer. Econom. Rev."},{"key":"10.1016\/S0022-0531(03)00027-9_BIB10","doi-asserted-by":"crossref","first-page":"463","DOI":"10.1016\/S0165-1889(98)00006-2","article-title":"Spectral and persistence properties of cyclical growth","volume":"23","author":"Collard","year":"1999","journal-title":"J. Econom. Dynamics Control"},{"key":"10.1016\/S0022-0531(03)00027-9_BIB11","unstructured":"T. Coury, Y. Wen, Global indeterminacy and chaos in standard RBC models, Working paper, 2001."},{"key":"10.1016\/S0022-0531(03)00027-9_BIB12","doi-asserted-by":"crossref","first-page":"42","DOI":"10.1006\/jeth.1994.1032","article-title":"Real business cycles and the animal spirits hypothesis","volume":"63","author":"Farmer","year":"1994","journal-title":"J. Econom. Theory"},{"key":"10.1016\/S0022-0531(03)00027-9_BIB13","doi-asserted-by":"crossref","first-page":"225","DOI":"10.1016\/0167-2231(95)90049-7","article-title":"The econometrics of indeterminacy","volume":"43","author":"Farmer","year":"1995","journal-title":"Carnegie Rochester Ser. Publ. Policy"},{"key":"10.1016\/S0022-0531(03)00027-9_BIB14","doi-asserted-by":"crossref","first-page":"14","DOI":"10.1006\/jeth.1997.2383","article-title":"Capital-labor substitution and competitive nonlinear endogenous business cycles","volume":"80","author":"Grandmont","year":"1998","journal-title":"J. Econom. Theory"},{"key":"10.1016\/S0022-0531(03)00027-9_BIB15","first-page":"75","article-title":"Fiscal policy, increasing returns, and endogenous fluctuations","volume":"4","author":"Guo","year":"2001","journal-title":"Macroec. Dynamics"},{"key":"10.1016\/S0022-0531(03)00027-9_BIB16","series-title":"Growth, Productivity, Unemployment","article-title":"Invariance properties of Solow's productivity residual","author":"Hall","year":"1990"},{"key":"10.1016\/S0022-0531(03)00027-9_BIB17","unstructured":"S.G. Harrison, Evidence on the empirical plausibility of externalities and indeterminacy in a two-sector model, Working paper, 1997."},{"key":"10.1016\/S0022-0531(03)00027-9_BIB18","doi-asserted-by":"crossref","first-page":"609","DOI":"10.1111\/1467-937X.00100","article-title":"A two-sector model of endogenous growth with leisure","volume":"66","author":"Ladron-de-Guevara","year":"1999","journal-title":"Rev. Econom. Stud."},{"key":"10.1016\/S0022-0531(03)00027-9_BIB19","doi-asserted-by":"crossref","first-page":"3","DOI":"10.1016\/0304-3932(88)90168-7","article-title":"On the mechanics of economic development","volume":"22","author":"Lucas","year":"1988","journal-title":"J. Monet. Econom."},{"key":"10.1016\/S0022-0531(03)00027-9_BIB20","doi-asserted-by":"crossref","first-page":"573","DOI":"10.1016\/0304-3932(94)90044-2","article-title":"The macroeconomic effects of distortionary taxation","volume":"33","author":"McGrattan","year":"1994","journal-title":"J. Monet. Econom."},{"key":"10.1016\/S0022-0531(03)00027-9_BIB21","doi-asserted-by":"crossref","first-page":"297","DOI":"10.1016\/0304-3932(94)90021-3","article-title":"Effective tax rates in macroeconomics cross-country estimates of tax rates on factor incomes and consumption","volume":"34","author":"Mendoza","year":"1994","journal-title":"J. Monet. Econom."},{"key":"10.1016\/S0022-0531(03)00027-9_BIB22","doi-asserted-by":"crossref","first-page":"227","DOI":"10.2307\/2527254","article-title":"Analysis of a two-sector model of endogenous growth with capital income taxation","volume":"37","author":"Mino","year":"1996","journal-title":"Internat. Econom. Rev."},{"key":"10.1016\/S0022-0531(03)00027-9_BIB23","unstructured":"K. Mino, Indeterminacy in two-sector models of endogenous growth with leisure, Working paper, 2000."},{"key":"10.1016\/S0022-0531(03)00027-9_BIB24","doi-asserted-by":"crossref","first-page":"203","DOI":"10.1006\/jeth.2000.2693","article-title":"Indeterminacy and endogenous growth with social constant returns","volume":"97","author":"Mino","year":"2001","journal-title":"J. Econom. Theory"},{"key":"10.1016\/S0022-0531(03)00027-9_BIB25","doi-asserted-by":"crossref","first-page":"272","DOI":"10.1257\/aer.89.1.272","article-title":"Scale and industry agglomeration externalities","volume":"89","author":"Paul","year":"1999","journal-title":"Amer. Econom. Rev."},{"key":"10.1016\/S0022-0531(03)00027-9_BIB26","doi-asserted-by":"crossref","first-page":"105","DOI":"10.1016\/S0304-3932(97)00061-5","article-title":"Indeterminacy, home production, and the business cycle","volume":"41","author":"Perli","year":"1998","journal-title":"J. Monet. Econom."},{"key":"10.1016\/S0022-0531(03)00027-9_BIB27","doi-asserted-by":"crossref","first-page":"247","DOI":"10.1016\/S0165-1889(98)00071-2","article-title":"On the transition from local regular to global irregular fluctuations","volume":"24","author":"Pintus","year":"2000","journal-title":"J. Econom. Dynamics Control"},{"key":"10.1016\/S0022-0531(03)00027-9_BIB28","doi-asserted-by":"crossref","first-page":"210","DOI":"10.1006\/redy.2000.0110","article-title":"Indeterminacy and government spending in a two-sector model of endogenous growth","volume":"4","author":"Raurich","year":"2001","journal-title":"Rev. Econom. Dynamics"},{"key":"10.1016\/S0022-0531(03)00027-9_BIB29","doi-asserted-by":"crossref","first-page":"1002","DOI":"10.1086\/261420","article-title":"Increasing returns and long-term growth","volume":"94","author":"Romer","year":"1986","journal-title":"J. Polit. Econom."},{"key":"10.1016\/S0022-0531(03)00027-9_BIB30","doi-asserted-by":"crossref","first-page":"519","DOI":"10.1086\/261993","article-title":"Growth effects of flat-rate taxes","volume":"103","author":"Stokey","year":"1995","journal-title":"J. Polit. Econom."},{"key":"10.1016\/S0022-0531(03)00027-9_BIB31","doi-asserted-by":"crossref","first-page":"976","DOI":"10.1086\/262101","article-title":"Balanced-budget rules, distortionary taxes, and aggregate instability","volume":"105","author":"Schmitt-Groh\u00e9","year":"1997","journal-title":"J. Polit. Econom."},{"key":"10.1016\/S0022-0531(03)00027-9_BIB32","doi-asserted-by":"crossref","first-page":"18","DOI":"10.2307\/2525621","article-title":"Optimum technical change in an aggregative model of economic growth","volume":"6","author":"Uzawa","year":"1965","journal-title":"Internat. Econom. Rev."},{"key":"10.1016\/S0022-0531(03)00027-9_BIB33","doi-asserted-by":"crossref","first-page":"7","DOI":"10.1006\/jeth.1998.2412","article-title":"Capacity utilization under increasing returns to scale","volume":"81","author":"Wen","year":"1998","journal-title":"J. Econom. Theory"},{"key":"10.1016\/S0022-0531(03)00027-9_BIB34","doi-asserted-by":"crossref","first-page":"273","DOI":"10.1016\/S0165-1889(98)00087-6","article-title":"Animal spirits, technology shocks and the business cycle","volume":"24","author":"Weder","year":"2000","journal-title":"J. Econom. Dynamics Control"},{"key":"10.1016\/S0022-0531(03)00027-9_BIB35","doi-asserted-by":"crossref","first-page":"97","DOI":"10.1006\/jeth.1994.1034","article-title":"Divergence in economic performance","volume":"63","author":"Xie","year":"1994","journal-title":"J. Econom. Theory"}],"container-title":["Journal of Economic Theory"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/api.elsevier.com\/content\/article\/PII:S0022053103000279?httpAccept=text\/xml","content-type":"text\/xml","content-version":"vor","intended-application":"text-mining"},{"URL":"https:\/\/api.elsevier.com\/content\/article\/PII:S0022053103000279?httpAccept=text\/plain","content-type":"text\/plain","content-version":"vor","intended-application":"text-mining"}],"deposited":{"date-parts":[[2019,3,24]],"date-time":"2019-03-24T05:25:30Z","timestamp":1553405130000},"score":1,"resource":{"primary":{"URL":"https:\/\/linkinghub.elsevier.com\/retrieve\/pii\/S0022053103000279"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2003,2]]},"references-count":35,"journal-issue":{"issue":"2","published-print":{"date-parts":[[2003,2]]}},"alternative-id":["S0022053103000279"],"URL":"https:\/\/doi.org\/10.1016\/s0022-0531(03)00027-9","relation":{},"ISSN":["0022-0531"],"issn-type":[{"value":"0022-0531","type":"print"}],"subject":[],"published":{"date-parts":[[2003,2]]}}}