Public Investment, the Rate of Return, and Optimal Fiscal Policy

Public Investment, the Rate of Return, and Optimal Fiscal Policy

Author: Kenneth J. Arrow

Publisher: Routledge

Published: 2013-10-18

Total Pages: 254

ISBN-13: 1135988897

DOWNLOAD EBOOK

This book, co-authored by the Nobel-prized economist, Kenneth Arrow, considers public expenditures in the context of modern growth theory. It analyzes optimal growth with public capital. A theory of 'controllability' is developed and injected into public economics and growth models. Originally published in 1970


Public Investment, the Rate of Return, and Optimal Fiscal Policy

Public Investment, the Rate of Return, and Optimal Fiscal Policy

Author: Kenneth J. Arrow

Publisher: Routledge

Published: 2013-10-18

Total Pages: 253

ISBN-13: 113598882X

DOWNLOAD EBOOK

This book, co-authored by the Nobel-prized economist, Kenneth Arrow, considers public expenditures in the context of modern growth theory. It analyzes optimal growth with public capital. A theory of 'controllability' is developed and injected into public economics and growth models. Originally published in 1970


The Macroeconomic Effects of Public Investment

The Macroeconomic Effects of Public Investment

Author: Mr.Abdul Abiad

Publisher: International Monetary Fund

Published: 2015-05-04

Total Pages: 26

ISBN-13: 1484361555

DOWNLOAD EBOOK

This paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify the causal effect of government investment in a sample of 17 OECD economies since 1985 and model simulations, the paper finds that increased public investment raises output, both in the short term and in the long term, crowds in private investment, and reduces unemployment. Several factors shape the macroeconomic effects of public investment. When there is economic slack and monetary accommodation, demand effects are stronger, and the public-debt-to-GDP ratio may actually decline. Public investment is also more effective in boosting output in countries with higher public investment efficiency and when it is financed by issuing debt.


Discounting for Time and Risk in Energy Policy

Discounting for Time and Risk in Energy Policy

Author: Robert C. Lind

Publisher: Routledge

Published: 2013-10-18

Total Pages: 491

ISBN-13: 1135985189

DOWNLOAD EBOOK

This is a collection of theoretical papers, including contributions by Partha Dasgupta and three Nobel prize-winning economists: Kenneth Arrow, Amartya Sen, and Joseph Stiglitz. Originally published in 1982.


Discounting and Environmental Policy

Discounting and Environmental Policy

Author: Joel Scheraga

Publisher: Routledge

Published: 2018-04-27

Total Pages: 501

ISBN-13: 135177719X

DOWNLOAD EBOOK

This book was published in 2003.The "International Library of Environmental Economics and Policy" explores the influence of economics on the development of environmental and natural resource policy. In a series of 25 volumes, the most significant journal essays in key areas of contemporary environmental and resource policy are collected. Scholars who are recognized for their expertise and contribution to the literature in the various research areas serve as volume editors and write essays that provides the context for the collection. Volumes in the series reflect three broad strands of economic research including: natural and environmental resources; policy instruments and institutions; and methodology. The editors, in their introduction to each volume, provide a state-of-the-art overview of the topic and explain the influence and relevance of the collected papers on the development of policy. This reference series provides access to the economic literature that has shaped contemporary perspectives on land use analysis and policy.


Public Goods, Public Enterprise, Public Choice

Public Goods, Public Enterprise, Public Choice

Author: Lionel Orchard

Publisher: Springer

Published: 2016-07-27

Total Pages: 311

ISBN-13: 1349235059

DOWNLOAD EBOOK

'A brilliant critical and fresh look at the public choice school of thought.' - Paul Streeten This book challenges theories of public goods, public enterprise and public choice on three fronts. Government action reflects wider interests and commitments than just the material self-interest assumed as primary by the three theories. Government contributes to the productivity and quality of the modern mixed economy in ways not captured by theories stressing the inherent superiority of private markets. Lastly, old and new ideas within established traditions of political thought justify government action beyond the libertarian argument for limited government.


Public Investment, the Rate of Return, and Optimal Fiscal Policy

Public Investment, the Rate of Return, and Optimal Fiscal Policy

Author:

Publisher:

Published: 2011

Total Pages: 0

ISBN-13: 9781617260001

DOWNLOAD EBOOK

For almost 60 years, RFF has pioneered the application of economics as a tool to develop more effective policy about the use and conservation of natural resources. It remains the world's premier institution for the study of environmental economics. This collection of eight books represents many of the best works that RFF has published, including writings by Nobel Prize winning economists.The RFF Library Collection brings back landmark books published by Resources for the Future throughout its nearly 60-year history as the pre-eminent...


The Power of Public Investment Management

The Power of Public Investment Management

Author: Anand Rajaram

Publisher: World Bank Publications

Published: 2014-10-17

Total Pages: 203

ISBN-13: 146480317X

DOWNLOAD EBOOK

Public resources, if invested well in public infrastructure and services, can unleash inclusive growth and development. This report provides a simple but comprehensive framework and global experience, to help policy makers adopt good functional principles in the design of institutions to strengthen public investment management.