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Economic effects of public investment : an emphasis on marshallian and monetary external economies /

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, "transf...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Kōno, Hirotada, 1932- (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Japan] : Springer Japan, 2016.
Colección:New frontiers in regional science: Asian perspectives ; v. 1.
Temas:
Acceso en línea:Texto completo

MARC

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100 1 |a Kōno, Hirotada,  |d 1932-  |e author. 
245 1 0 |a Economic effects of public investment :  |b an emphasis on marshallian and monetary external economies /  |c Hirotado Kohno. 
260 |a [Japan] :  |b Springer Japan,  |c 2016. 
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490 1 |a New frontiers in regional science: Asian perspectives ;  |v volume 1 
504 |a Includes bibliographical references and index. 
588 0 |a Online resource; title from PDF title page (EBSCO, viewed January 25, 2017). 
505 0 |a Preface; Advocacy of the Independent Existence Theory of Indirect Economic Effects; Controversy Regarding Social Costs; Inquiry into and Restoration of Pecuniary=Monetary External Economies; Contents; About the Author; Chapter 1: Definition of Economic Effects, Necessity of Measurement, Prototype Model, and Externalities; 1.1 What Is Economic Effects or Social Benefits?; 1.2 Necessity of Indirect Economic Effects Measurement; 1.2.1 Intended External Economies Generating Installational Structure; 1.2.2 Discrepancy of Private Profitability and Social Usefulness. 
505 8 |a 1.2.3 Necessity of Economic Effects Measurement of the Public Investment1.2.4 Importance of Indirect Economic Effects and Necessity of Their Measurement; 1.2.5 Enormousness of Indirect Economic Effects Compared To Direct Ones; 1.3 Prototype Model for Measurement Method of Individual Economic Effects; 1.3.1 Prototype Model; 1.3.1.1 Direct Economic Effects; 1.3.1.1.1 Saving Benefits of Running Costs; 1.3.1.1.2 Saving of Transport Time; 1.3.1.2 Superficial Definition of Indirect Effects as a Complementary Set; 1.3.2 Multilayered and Causal Relationship Among Items of Individual Economic Effects. 
505 8 |a 1.4 Technological Externality and Monetary Externality: Number 11.4.1 Basic Concept of Monetary Externality; 1.4.2 An Explanation on Restoration of Development Profits; 1.4.3 Special Treatise on Indirect Economic Effects Measurement and Their Enormous Magnitude; 1.4.3.1 Special Treatise on Public Utility; 1.4.3.2 Indirect Effects Measurement Method Based on Ultimate Indicator of Changes of Profits Price in the General Equilibriu ... ; 1.4.3.3 Brief Review on Monetary External Economies; References; Chapter 2: Time-Saved Evaluation and Social Discount Rate; 2.1 Time-Saved Evaluation. 
505 8 |a 2.1.1 Measuring Method Taking Hold of Trade-Offs Between the Drivers ́Speed Selection and His Driving Time Value2.1.1.1 Herbert Mohringś Model; Box 2.1: Mohring (1964) Highway Research Record (47): 1-14 (From p. 2 line 17 to p. 3 line 22); 2.1.1.2 Application of Mohring Model to Metropolitan Expressway of Japan; 2.1.2 Measuring Method of Time Value Through the Medium of the Ratio of Traffic Assignment; Box 2.2: S. Kohbe [8, 9], pp. 27-32; N. Sakashita [20], pp. 49-55; 2.2 Social Discount Rate; 2.2.1 Several Social Discount Rates; 2.2.2 Ecksteinś Social Discount Rate Model. 
505 8 |a Box 2.3: Eckstein (1957) Q.J.E. 71(1): 56-85 (From p. 75, line 4 to p. 77, line 21)References; Chapter 3: Perfect Transfer Theory of Indirect Economic Effects Formation: Based on the Generation Base vs. Incidence Base; 3.1 Transport Service Demand . Supply Function of Individual Firm; 3.2 Gross Surplus Originated from the Transport Service of Individual Firm (Firm A); 3.3 Demand Function and Supply Function to and of the ``Strawberry ́́Products of Firm A; 3.4 Market Demand Curve and the Shift of Market Supply Curve of s Goods; 3.5 Direct Effects of Incidence Base of Firm A. 
520 |a 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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830 0 |a New frontiers in regional science: Asian perspectives ;  |v v. 1. 
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