Coverart for item
The Resource A framework for efficient government investment, Andrew M. Warner

A framework for efficient government investment, Andrew M. Warner

Label
A framework for efficient government investment
Title
A framework for efficient government investment
Statement of responsibility
Andrew M. Warner
Creator
Contributor
Author
Issuing body
Subject
Genre
Language
eng
Summary
"Welfare economics, scope and performance of government, externalities, public goods, cost-benefit analysis, subsidies economize on spending without losing effectiveness by modifying the conceptual framework guiding state expenditures. The familiar framework says that state intervention is justified when the spending provides public goods or when the intervention addresses externalities, provided the social return is above a threshold. This paper argues that another consideration needs to be brought into the mix - whether, in spite of the externalities, the private sector has an incentive to undertake the activity. It is argued that these two considerations together define a more efficient framework under which to justify state intervention. According to this modified framework, even a benign state interested in social welfare would not in fact address every externality nor necessarily select expenditures with the highest social returns. These points are summarized in a graph which is then used to analyze policy rules, subsidies and effective interaction between the state and the private sector. It is hoped that this paper points to the kind of information that needs to be collected and acted upon so that states may achieve their goals more effectively"--Abstract
Member of
Cataloging source
DJB
http://bibfra.me/vocab/lite/collectionName
IMF eLibrary
http://library.link/vocab/creatorName
Warner, Andrew M
Government publication
international or intergovernmental publication
Illustrations
illustrations
Index
no index present
LC call number
HG3881.5.I58
LC item number
W67 No. 13/58 ONLINE
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
http://library.link/vocab/relatedWorkOrContributorName
International Monetary Fund
Series statement
IMF Working Paper
Series volume
WP/13/58
http://library.link/vocab/subjectName
  • Public investments
  • Welfare economics
  • Cost effectiveness
  • Subsidies
  • Public goods
  • BUSINESS & ECONOMICS
  • Cost effectiveness
  • Public goods
  • Public investments
  • Subsidies
  • Welfare economics
Label
A framework for efficient government investment, Andrew M. Warner
Instantiates
Publication
Copyright
Note
  • Title from PDF title page (IMF Web site, viewed Mar. 13, 2013)
  • "Research Department"--Page 2 of pdf
  • "February, 2013"--Page 2 of pdf
Antecedent source
unknown
Bibliography note
Includes bibliographical references (pages 20-21)
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
  • Cover; Table of Contents; I. Introduction; II. A Graph of Possible Investments; Figures; 1. Illustration of Private and Social Rates of Return for Investments; III. Decision Rules for State Investments; 2. Six Possible Investments -- Which Should the Public Sector Do?; IV. Do Externalities Always Justify Intervetion?; 3. State Investments Should Focus on Region C; V. How to Efficiently Support the Private Sector; 4. Possible Contribution of Government Investment in Private Sector Projects; VI. Subsidies; 5. Possible Contribution of Demonstration Projects
  • 6. Potential Justification for SubsidiesVII. Policy Statements; VIII. Concluding Statements; IX. References
Control code
829959738
Dimensions
unknown
Extent
1 online resource (22 pages)
File format
unknown
Form of item
online
Isbn
9781475564020
Level of compression
unknown
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other physical details
color illustrations
Quality assurance targets
not applicable
Reformatting quality
unknown
Sound
unknown sound
Specific material designation
remote
System control number
(OCoLC)829959738
Label
A framework for efficient government investment, Andrew M. Warner
Publication
Copyright
Note
  • Title from PDF title page (IMF Web site, viewed Mar. 13, 2013)
  • "Research Department"--Page 2 of pdf
  • "February, 2013"--Page 2 of pdf
Antecedent source
unknown
Bibliography note
Includes bibliographical references (pages 20-21)
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
  • Cover; Table of Contents; I. Introduction; II. A Graph of Possible Investments; Figures; 1. Illustration of Private and Social Rates of Return for Investments; III. Decision Rules for State Investments; 2. Six Possible Investments -- Which Should the Public Sector Do?; IV. Do Externalities Always Justify Intervetion?; 3. State Investments Should Focus on Region C; V. How to Efficiently Support the Private Sector; 4. Possible Contribution of Government Investment in Private Sector Projects; VI. Subsidies; 5. Possible Contribution of Demonstration Projects
  • 6. Potential Justification for SubsidiesVII. Policy Statements; VIII. Concluding Statements; IX. References
Control code
829959738
Dimensions
unknown
Extent
1 online resource (22 pages)
File format
unknown
Form of item
online
Isbn
9781475564020
Level of compression
unknown
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other physical details
color illustrations
Quality assurance targets
not applicable
Reformatting quality
unknown
Sound
unknown sound
Specific material designation
remote
System control number
(OCoLC)829959738

Library Locations

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      32.771471 -117.187496
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