Hostname: page-component-76fb5796d-wq484 Total loading time: 0 Render date: 2024-04-25T17:30:01.363Z Has data issue: false hasContentIssue false

Les politiques de transferts sont-elles favorables à la croissance des économies?

Published online by Cambridge University Press:  17 August 2016

Yves Croissant
Affiliation:
CERESUR (Université de La Réunion)
Philippe Jean-Pierre
Affiliation:
CERESUR (Université de La Réunion)
Get access

Résumé

Une grande partie des politiques de développement repose sur l’envoi de transferts aux économies connaissant des difficultés de développement. Si ces aides semblent favorables au bien être des agents, leurs effets sur la croissance de long terme des économies restent ambigus ou parfois décevants. L’objectif de cet article est de contribuer à mieux cerner les conséquences d’une politique de transferts sur la dynamique de long terme d’une économie. Pour cela, on utilise un modèle à générations imbriquées, au sein duquel sont présents un secteur d’accumulation du capital humain et un processus d’héritage de niveau de vie. L’analyse numérique du modèle permet de montrer que selon l’importance des transferts et la préférence des agents pour le loisir, la politique d’aide peut se révéler favorable ou défavorable à la croissance de l’économie.

Summary

Summary

Most of development policies takes the form of transfers sent to developping economies. If these aids seem to be welfare improving, their impacts on the long run growth are ambigus or sometimes disapointing. The aim of this paper is to investigate the dynamic consequences of an exogenous transfer policy on the growth of an economy. In order to achieve this goal, we use an overlapping generation economy in which the young generation inherits human capital and standard-living aspirations from previous generations. The numerical analysis of the model shows that, depending on the level of transfers and the preference of the agent for leisure, the aid policy can be favourable or unfavourable to the growth of the economy.

Type
Research Article
Copyright
Copyright © Université catholique de Louvain, Institut de recherches économiques et sociales 2002 

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Footnotes

*

Adresse: CERESUR, Université de la Réunion, Faculté de Droit et de Sciences Économiques, 15, Avenue RenéCassin, BP7151, 97715 Saint-Denis Messageries Cedex 9. E-Mail Address:pjp@univ-reunion.fr.

References

Références bibliographique

Alogoskoufis, G., (1995), “The two faces of janus: institutions, policy regimes and macroeconomic performance in Greece”, Economic Policy, 20, pp. 147192.Google Scholar
Azariadis, C. (1993), Intertemporal macroeconomics, Blackwell, Cambridge.Google Scholar
Azariadis, C. et Drazen, A., (1990), “Thresholds externalities in economic development”, The Quarterly Journal of Economics, 105, pp. 501526.Google Scholar
Baland, J.M. et François, P., (2000), “Rent-Seeking and resource booms’”, Journal of Development Eocnomics, 61, (2), pp. 527542.Google Scholar
Becker, G., (1992), “Habits, addictions and traditions”, Kyklos, 45, pp. 327345.Google Scholar
Berthélemy, J.C., (1986), «La théorie des transferts internationaux, Approfondissement de la science économique», Economica.Google Scholar
Bhagwati, J.N., (1958), “Immisering growth: a geometrical note”, Review of Economic Studies, 25, pp. 201205.Google Scholar
Bhagwati, J.N., (1982), “Directly-unproductive-profit-seeking activités”, Journal of Political Economy, 90, pp. 9081002.Google Scholar
Bhagwati, J.N. et Brecher, R.A. et Tatsuo, H., (1983), “The generalized theory of transfer and welfare: bilateral transfers in a multilateral world”, American Economic Review, 73, (4), pp. 606618.Google Scholar
Blanchard, O.J. et Fischer, S., (1989), “Lectures on macroeconomics”, Cambridge, Mass. The MIT Press.Google Scholar
Boltho, A et Carlin, W. et Scaramozzino, P., (1996), “Will East Germany become a new Mezzogiorno?”, Discussion Paper 1256, CEPR.Google Scholar
Brecher, R.A. et Bhagwati, J.N., (1982), “Immizering transfers from abroad”, Journal of international Economics, 13, (34), pp. 353364.Google Scholar
Buiter, W. et Kletzer, K., (1991), “Persitent differences in national productivity growth rates with a common technology and free capital mobility: the role of private thrift public debt, capital taxation and policy towards human capital formation”, Journal of the Japanese and International Economics, 5, pp. 325353.Google Scholar
Burnside, C. et Dollar, D., (2000), “Aid, policies and growth”, The American Economic Review, 90, (4), pp. 847868.Google Scholar
CCE, (1997), Premier rapport de la Commission sur la cohésion économique et sociale, Commission des Communautés Européennes.Google Scholar
Chilchilnisky, G., (1980), “Basic goods, the effects of commodity transfers and the international economic order”, Journal of development Economics, 7, pp. 505519.Google Scholar
Clark, A. et Oswald, A. et Warr, P., (1994), “Is job satisfaction U-shaped in age?”, Document de travail, Cepremap.Google Scholar
d’Autume, A. et Michel, P., (1994), «Education et croissance», Revue d’Économie Politique, 104, (4), pp. 457499.Google Scholar
de Lacroix, D., (1996a), “The dynamic of bequathed tastes”, Economic Letters, 53, pp. 8996 Google Scholar
de Lacroix, D.,(1996b), “Economic development and convergence clubs: the role of inherited tastes and human capital”, Discussion paper 9624, IRES, Université catholique de Louvain.Google Scholar
de Lacroix, D.,(2000), “Growth dynamics and education spending: the role of inherited tastes and abilities”, European Economic Review, forthcoming.Google Scholar
Diaz-Alejandro, C., (1984), “Latin american debt:I don’t think we are in Kansas anymore”, Brooking Papers on Economic Activities, 2, pp. 335404.Google Scholar
Easterlin, R., (1995), “Will raising the incomes of all increase the hapiness of all?”, Journal of Economic Behavior and Organization, 27, pp. 3546.Google Scholar
Eaton, J., (1990), “Foreign public capital flows”, in Chenery, H. et Srinivasan, T.N. Ed, Handbook of Development Economics, Amsterdam, North-Holland, Chap. 25.Google Scholar
Fatas, A., (1998), “Does EMU need a fiscal federation?”, Economic Policy, 26, pp. 165203.Google Scholar
Gale, D-, (1974), “Exchange equilibrium and coalition: an example”, Journal of mathematical Economics, 1, pp. 6366.Google Scholar
Glomm, G. et Ravikumar, B., (1992), “Public versus private investment in human capital: endogenous growth and income inequality”, Journal of Political Economy, 100, pp. 818834.Google Scholar
Jones, R.W., (1985), “Income effects and paradoxes in the theory of international trade”, Economic Journal, 95, pp. 330344.Google Scholar
Keynes, J.M., (1929), “The German transfer problem”, Economic Journal, 39, pp. 17.Google Scholar
Krueger, A.O., (1974), “The political economy of rent-seeking society”, American Economic Review, 69, pp. 291303.Google Scholar
Lane, P.R. et Tornell, A.,(1998), “Voracity and growth”, Discussion Paper 654, Harvard Institute for Internaitonal Development.Google Scholar
Lucas, R.E. Jr., (1988), “On the mechanics of economic development”, Journal of Monetary Economics, 22, (1), pp. 382.Google Scholar
Martin, P.,(1997), “Can regional policies affect growth and geography in Europe”, mimeo, Graduate Institute of International Studies.Google Scholar
Michel, P., (1993), «Le modèle à générations imbriquées: un instrument d’analyse macro-économique», Revue d’Économie Politique, 103, (2), pp. 191220.Google Scholar
Mosley, P. et Hudson, J. et Horrel, S., (1987), “Aid, the public sector and the market in less developed countries”, Economic Journal, 97, pp. 616641.Google Scholar
Ohlin, B., (1929), The German transfer problem: a discussion, Economic Journal, 39, pp. 172182.Google Scholar
Samuelson, P.A., (1952), “The transfer problem and transport costs:the terms of trade when impediments are absent”, Economic Journal, 59, pp. 181197.Google Scholar
Schwarz, A.N., (1986), “Sustained recovery and trade liberalization: how the transfer problem can be solved?”, in Giersh Edr, H., pp. 133144.Google Scholar
Turnovsky, S.J. et Sen, P., (1995), “Investment in a two-sector economy”, Journal of the Japanese and international Economics, 9, pp. 2955.Google Scholar
Uzawa, H., (1965), “Optimum technical change in an aggregative model of economic growth”, International Economic Review, 6, pp. 1831.Google Scholar
Yano, M. et Nugent, J.B., (1999), “Aid, non traded goods and the transfer paradox in small countries”, American Economic Review, 89, (3), pp. 431449.Google Scholar