Economic effects of public investment : an emphasis on marshallian and monetary external economies
- 作者： Kohno, Hirotada, author.
- 其他作者：
- 其他題名：
- New frontiers in regional science: Asian perspectives ;
- 出版： Tokyo : Springer Japan :Imprint: Springer
- 叢書名： New frontiers in regional science: Asian perspectives,volume 1
- 主題： Economic policy. , Economics. , Regional economics. , Social policy. , Space in economics. , Economics. , Regional/Spatial Science. , Economic Policy. , Social Policy.
- ISBN： 9784431552246 (electronic bk.) 、 9784431552239 (paper)
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FIND@SFXID:
CGU
- 資料類型: 電子書
- 摘要註: This book shows the necessity of measuring the incidence-basis indirect economic effects of public investments. The essential argument can be traced back to H. Mohring versus J. Tinbergen, the conclusions of one contradicting those of the other. Their arguments are called, respectively, "transfer" and "existing theory" of the indirect economic effect of public investments such as highways. The author has first defined the categories of "generation-basis" and "incidence-basis" economic effects in addition to the categories of direct and indirect economic effects, and has shown that it is essential to measure the incidence-basis indirect economic effects for decision making about public investments. The second major point is that, in this sense, the measurement must rely on the general and dynamic spatial modeling simulation approach. The third essential point is that Tinbergen is correct as far as we have to cope with a real setting in which the Marshallian type of external economies exists. Another characteristic is that the monetary (pecuniary) external economies are dealt with systematically, for the superiority of public investment criteria depends greatly on whether they are taken hold of or not. This book lays emphasis on the process toward the equilibrium, not the equilibrium itself.
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讀者標籤：
- 系統號： 005377421 | 機讀編目格式
館藏資訊
This book shows the necessity of measuring the incidence-basis indirect economic effects of public investments. The essential argument can be traced back to H. Mohring versus J. Tinbergen, the conclusions of one contradicting those of the other. Their arguments are called, respectively, “transfer” and “existing theory” of the indirect economic effect of public investments such as highways. The author has first defined the categories of “generation-basis” and “incidence-basis” economic effects in addition to the categories of direct and indirect economic effects, and has shown that it is essential to measure the incidence-basis indirect economic effects for decision making about public investments. The second major point is that, in this sense, the measurement must rely on the general and dynamic spatial modeling simulation approach. The third essential point is that Tinbergen is correct as far as we have to cope with a real setting in which the Marshallian type of external economies exists. Another characteristic is that the monetary (pecuniary) external economies are dealt with systematically, for the superiority of public investment criteria depends greatly on whether they are taken hold of or not. This book lays emphasis on the process toward the equilibrium, not the equilibrium itself.