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Economic effects of public investmen...

Kohno, Hirotada.

Economic effects of public investmentan emphasis on marshallian and monetary external economies /

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	Economic effects of public investmentby Hirotada Kohno.
其他題名:	an emphasis on marshallian and monetary external economies /
作者:	Kohno, Hirotada.
出版者:	Tokyo :Springer Japan :2016.
面頁冊數:	xxiii, 297 p. :ill., digital ;24 cm.
Contained By:	Springer eBooks
標題:	Economic policy.
電子資源:	http://dx.doi.org/10.1007/978-4-431-55224-6
ISBN:	9784431552246$q(electronic bk.)

Economic effects of public investmentan emphasis on marshallian and monetary external economies /
Kohno, Hirotada.

Economic effects of public investmentan emphasis on marshallian and monetary external economies /[electronic resource] :by Hirotada Kohno. - Tokyo :Springer Japan :2016. - xxiii, 297 p. :ill., digital ;24 cm. - New frontiers in regional science: Asian perspectives,v.12199-5974 ;. - New frontiers in regional science: Asian perspectives ;v.4..

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.

ISBN: 9784431552246$q(electronic bk.)

Standard No.: 10.1007/978-4-431-55224-6doiSubjects--Topical Terms:

182878
Economic policy.

LC Class. No.: HD75 / .K64 2016

Dewey Class. No.: 338.9

Economic effects of public investmentan emphasis on marshallian and monetary external economies /
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