國立高雄大學圖資館 |

Language: English

Back

Public investment criteriausing an interregional input-output programming model /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Public investment criteriaby Hirotada Kohno, Yoshiro Higano.
Reminder of title:	using an interregional input-output programming model /
Author:	Kohno, Hirotada.
other author:	Higano, Yoshiro.
Published:	Tokyo :Springer Japan :2022.
Description:	xxvi, 484 p. :ill., digital ;24 cm.
Contained By:	Springer Nature eBook
Subject:	Public investments.
Online resource:	https://doi.org/10.1007/978-4-431-55221-5
ISBN:	9784431552215$q(electronic bk.)

Public investment criteriausing an interregional input-output programming model /
Kohno, Hirotada.

Public investment criteriausing an interregional input-output programming model /[electronic resource] :by Hirotada Kohno, Yoshiro Higano. - Tokyo :Springer Japan :2022. - xxvi, 484 p. :ill., digital ;24 cm. - New frontiers in regional science: Asian perspectives,v. 22199-5982 ;. - New frontiers in regional science: Asian perspectives ;v.4..

Chapter 1: Public Investment Criteria: A Tentative Specific Survey on the Benefit-Cost Analysis in the Early Years -- Chapter 2: Economic Effects of Mei-Shin and To-Mei Expressways Based on the World Bank Formula of Fifty Years Ago -- Chapter 3: Generalized Benefit-Cost Criteria: Public Investment Criteria When the Benefits are Previously Measured -- Chapter 4: Optimum Allocation of the Capital Funds to the Transportation Infrastructures Using the Interregional Input-Output Programming Model (Part I): Specification with 5 regions, 5 industries, and 3 transport modes -- Chapter 5: Optimal comprehensive transport system and development of the model -- Chapter 6: Optimal Allocation of the Public Funds to the Transportation Infrastructures Using the Interregional Input-Output Programming Model (Part II): Specification with 10 regions, 10 industries, and 9 transport modes -- Chapter 7: Optimal planning of Asian Expressway Network with dynamic interregional input-output programming model -- Postscripts -- Acknowledgements.

This volume presents the most robust and useful methodology for the derivation of investment criteria for the evaluation and planning of public investment projects - public investment criteria. The methodological approach solves inherent defects of traditional methodology, namely an ad hoc application of the benefit-cost analysis in the static content. Although this approach originated in the water resources development project of the Harvard group, the authors' methodology has achieved a discrete and dynamic inter regional input-output programming model by which: (i) establishment of priorities among potential investment targets by taking account of economic benefits that are brought by implementation of a set of selected projects, and diffusing into the whole national economy, and (ii) rational allocation of limited public funds to the selected investment projects are consistently made, based on the opportunity cost criteria in the dynamic content. As these benefits make up a source for the stream of further created capital funds for public as well as private sectors over the planning time horizon, optimal re-investment of thus created capital funds are solved recursively in the endogenous model by approaching the turnpike path of the whole national economy. As an optimal solution, the allocated levels for trunk expressway network as well as for other transport facilities, which are balanced with the allocation for industrial capital formation, are obtained by period and by region. In the background of these processes, the imputed price and opportunity costs as a sort of contemporary "god" are always latent. Readers with basic mathematical knowledge will learn functional and practical meaning of the opportunity costs (and the imputed price) in the evaluation and planning of investment. Conquering this small obstacle will be a source of strong self-confidence for society, a worthwhile objective. Other applications of the methodology are also included in this book, which is helpful for practitioners frequently using the feasibility study method as well as experts who wish to understand the theoretical arguments related to public investment criteria. As one of the applications, there is a numerical solution of a composite transport system in which the amounts of roads, railways, and ports are derived quantitatively, not qualitatively. These are results of authentic public investment criteria that are built in the inter-regional input-output programing model.

ISBN: 9784431552215$q(electronic bk.)

Standard No.: 10.1007/978-4-431-55221-5doiSubjects--Topical Terms:

475194
Public investments.

LC Class. No.: HC79.P83 / K64 2022

Dewey Class. No.: 332.67252

Public investment criteriausing an interregional input-output programming model /
LDR:04677nmm a2200349 a 4500 001 619147
003 DE-He213
005 20220103170057.0
006 m d
007 cr nn 008maaau
008 221103s2022 ja s 0 eng d
020 $a 9784431552215$q(electronic bk.)
020 $a 9784431552208$q(paper)
024 7 $a 10.1007/978-4-431-55221-5 $2 doi
035 $a 978-4-431-55221-5
040 $a GP $c GP
041 0 $a eng
050 4 $a HC79.P83 $b K64 2022
072 7 $a KCP $2 bicssc
072 7 $a BUS067000 $2 bisacsh
072 7 $a KCP $2 thema
072 7 $a GTM $2 thema
082 0 4 $a 332.67252 $2 23
090 $a HC79.P83 $b K79 2022
100 1 $a Kohno, Hirotada. $3 764298
245 1 0 $a Public investment criteria $h [electronic resource] : $b using an interregional input-output programming model / $c by Hirotada Kohno, Yoshiro Higano.
260 $a Tokyo : $b Springer Japan : $b Imprint: Springer, $c 2022.
300 $a xxvi, 484 p. : $b ill., digital ; $c 24 cm.
490 1 $a New frontiers in regional science: Asian perspectives, $x 2199-5982 ; $v v. 2
505 0 $a Chapter 1: Public Investment Criteria: A Tentative Specific Survey on the Benefit-Cost Analysis in the Early Years -- Chapter 2: Economic Effects of Mei-Shin and To-Mei Expressways Based on the World Bank Formula of Fifty Years Ago -- Chapter 3: Generalized Benefit-Cost Criteria: Public Investment Criteria When the Benefits are Previously Measured -- Chapter 4: Optimum Allocation of the Capital Funds to the Transportation Infrastructures Using the Interregional Input-Output Programming Model (Part I): Specification with 5 regions, 5 industries, and 3 transport modes -- Chapter 5: Optimal comprehensive transport system and development of the model -- Chapter 6: Optimal Allocation of the Public Funds to the Transportation Infrastructures Using the Interregional Input-Output Programming Model (Part II): Specification with 10 regions, 10 industries, and 9 transport modes -- Chapter 7: Optimal planning of Asian Expressway Network with dynamic interregional input-output programming model -- Postscripts -- Acknowledgements.
520 $a This volume presents the most robust and useful methodology for the derivation of investment criteria for the evaluation and planning of public investment projects - public investment criteria. The methodological approach solves inherent defects of traditional methodology, namely an ad hoc application of the benefit-cost analysis in the static content. Although this approach originated in the water resources development project of the Harvard group, the authors' methodology has achieved a discrete and dynamic inter regional input-output programming model by which: (i) establishment of priorities among potential investment targets by taking account of economic benefits that are brought by implementation of a set of selected projects, and diffusing into the whole national economy, and (ii) rational allocation of limited public funds to the selected investment projects are consistently made, based on the opportunity cost criteria in the dynamic content. As these benefits make up a source for the stream of further created capital funds for public as well as private sectors over the planning time horizon, optimal re-investment of thus created capital funds are solved recursively in the endogenous model by approaching the turnpike path of the whole national economy. As an optimal solution, the allocated levels for trunk expressway network as well as for other transport facilities, which are balanced with the allocation for industrial capital formation, are obtained by period and by region. In the background of these processes, the imputed price and opportunity costs as a sort of contemporary "god" are always latent. Readers with basic mathematical knowledge will learn functional and practical meaning of the opportunity costs (and the imputed price) in the evaluation and planning of investment. Conquering this small obstacle will be a source of strong self-confidence for society, a worthwhile objective. Other applications of the methodology are also included in this book, which is helpful for practitioners frequently using the feasibility study method as well as experts who wish to understand the theoretical arguments related to public investment criteria. As one of the applications, there is a numerical solution of a composite transport system in which the amounts of roads, railways, and ports are derived quantitatively, not qualitatively. These are results of authentic public investment criteria that are built in the inter-regional input-output programing model.
650 0 $a Public investments. $3 475194
650 0 $a Public investments $x Methodology. $3 919288
650 1 4 $a Regional/Spatial Science. $3 338471
650 2 4 $a Economic Policy. $3 274350
650 2 4 $a Social Policy. $3 275264
700 1 $a Higano, Yoshiro. $3 841567
710 2 $a SpringerLink (Online service) $3 273601
773 0 $t Springer Nature eBook
830 0 $a New frontiers in regional science: Asian perspectives ; $v v.4. $3 737457
856 4 0 $u https://doi.org/10.1007/978-4-431-55221-5
950 $a Economics and Finance (SpringerNature-41170)