Abstract We describe and numerically simulate the aggregate and distributional properties of an endogenous growth model with an infrastructure externality which is subject to relative congestion. We show that the congested externality induces higher growth, greater inequality, labor/leisure trade-off ambiguities and an ineffective capital income tax for the government to achieve long-term redistribution goals. We demonstrate the economic implications of congestions in production and consumption externalities on the public to private capital ratio, growth and income distribution. Finally, we discuss alternative tax options for promoting inclusive growth.

中文翻译：

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不平等、增长和拥堵外部性

摘要 我们描述并数值模拟了一个内生增长模型的聚合和分布特性，该模型具有相对拥塞的基础设施外部性。我们表明，拥挤的外部性会导致更高的增长、更大的不平等、劳动力/休闲权衡的模糊性以及政府实现长期再分配目标的无效资本所得税。我们展示了生产和消费外部性拥堵对公共资本与私人资本比率、增长和收入分配的经济影响。最后，我们讨论了促进包容性增长的替代税收方案。