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Cost-benefit analysis of multi-level government : the case of EU cohesion policy and of US federal investment policies / Alessandro Ferrara.
- Format:
- Book
- Author/Creator:
- Ferrara, Alessandro, 1953- author.
- Series:
- Routledge studies in the modern world economy ; 80.
- Routledge studies in the modern world economy Cost-benefit analysis of multi-level government
- Language:
- English
- Subjects (All):
- Public investments--Europe.
- Public investments.
- Public investments--United States.
- Public investments--Cost effectiveness.
- Physical Description:
- 1 online resource (353 p.)
- Edition:
- 1st ed.
- Place of Publication:
- New York ; London : Routledge, 2010.
- Language Note:
- English
- Summary:
- This book provides an original framework to assess public investment policies co-financed by Union (Federal) governments. This framework is applied to two important case studies: the EU Cohesion Policy and the US Federal Investment Policies.Cost-Benefit Analysis of Multi-Level Government sheds light on a number of outstanding issues of economic theory by extending the theory of shadow prices, and provides guidance to real-world decision makers. In particular, the following questions are addressed:Under which theoretical circumstances, higher leve
- Contents:
- Book Cover; Title; Copyright; Disclaimer; Dedication; Contents; Figures, Tables, and Charts; Preface; Acknowledgements; Abbreviations; Part I Introduction; 1 The Economic Theory of Shadow Pricing; Part II Case Studies; 2 The Cohesion Policy of the European Union; 3 The Federal Investment Policies of the United States of America; Part III The New Theoretical Framework; 4 The Case for EU Intervention: discussion; 5 The Case for EU Intervention: formalization; 6 The Impact of EU Intervention; 7 Welfare Weights; 8 Social Discount Rates; 9 Shadow Wage Rates
- Part IV Theoretical Insights and Policy Implications10 Theoretical Insights and Extensions; 11 Insights and Methodological Directions for the Case Studies; Appendix to Chapter 5; Appendix to Chapter 6; Appendix to Chapter 9; Notes; Bibliography; Index
- Notes:
- Description based upon print version of record.
- Includes bibliographical references and index.
- ISBN:
- 1-135-16661-7
- 1-135-16662-5
- 1-282-57181-8
- 9786612571817
- 0-203-85968-5
- 9780203859681
- OCLC:
- 609858991
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