A framework for efficient government investment:
Gespeichert in:
Beteilige Person: | |
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Format: | Elektronisch E-Book |
Sprache: | Englisch |
Veröffentlicht: |
[Washington, D.C.]
International Monetary Fund
©2013
|
Schriftenreihe: | IMF working paper
WP/13/58 |
Schlagwörter: | |
Links: | http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=561208 |
Beschreibung: | Title from PDF title page (IMF Web site, viewed Mar. 13, 2013). - "Research Department"--Page 2 of pdf. - "February, 2013"--Page 2 of pdf "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 Includes bibliographical references (pages 20-21) |
Umfang: | 1 Online-Ressource (22 pages) |
ISBN: | 9781475564020 1475564023 |
Internformat
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500 | |a Title from PDF title page (IMF Web site, viewed Mar. 13, 2013). - "Research Department"--Page 2 of pdf. - "February, 2013"--Page 2 of pdf | ||
500 | |a "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 | ||
500 | |a Includes bibliographical references (pages 20-21) | ||
650 | 7 | |a BUSINESS & ECONOMICS / Investments & Securities / General |2 bisacsh | |
650 | 7 | |a Cost effectiveness |2 fast | |
650 | 7 | |a Public goods |2 fast | |
650 | 7 | |a Public investments |2 fast | |
650 | 7 | |a Subsidies |2 fast | |
650 | 7 | |a Welfare economics |2 fast | |
650 | 4 | |a Wirtschaft | |
650 | 4 | |a Public investments | |
650 | 4 | |a Welfare economics | |
650 | 4 | |a Cost effectiveness | |
650 | 4 | |a Subsidies | |
650 | 4 | |a Public goods | |
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Datensatz im Suchindex
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any_adam_object | |
author | Warner, Andrew M. |
author_facet | Warner, Andrew M. |
author_role | aut |
author_sort | Warner, Andrew M. |
author_variant | a m w am amw |
building | Verbundindex |
bvnumber | BV042970308 |
collection | ZDB-4-EBU |
ctrlnum | (OCoLC)829959738 (DE-599)BVBBV042970308 |
dewey-full | 332.67252 |
dewey-hundreds | 300 - Social sciences |
dewey-ones | 332 - Financial economics |
dewey-raw | 332.67252 |
dewey-search | 332.67252 |
dewey-sort | 3332.67252 |
dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
format | Electronic eBook |
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id | DE-604.BV042970308 |
illustrated | Not Illustrated |
indexdate | 2024-12-20T17:24:40Z |
institution | BVB |
isbn | 9781475564020 1475564023 |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-028396174 |
oclc_num | 829959738 |
open_access_boolean | |
physical | 1 Online-Ressource (22 pages) |
psigel | ZDB-4-EBU FLA_PDA_EBU |
publishDate | 2013 |
publishDateSearch | 2013 |
publishDateSort | 2013 |
publisher | International Monetary Fund |
record_format | marc |
series2 | IMF working paper |
spelling | Warner, Andrew M. Verfasser aut A framework for efficient government investment Andrew M. Warner [Washington, D.C.] International Monetary Fund ©2013 1 Online-Ressource (22 pages) txt rdacontent c rdamedia cr rdacarrier IMF working paper WP/13/58 Title from PDF title page (IMF Web site, viewed Mar. 13, 2013). - "Research Department"--Page 2 of pdf. - "February, 2013"--Page 2 of pdf "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 Includes bibliographical references (pages 20-21) BUSINESS & ECONOMICS / Investments & Securities / General bisacsh Cost effectiveness fast Public goods fast Public investments fast Subsidies fast Welfare economics fast Wirtschaft Public investments Welfare economics Cost effectiveness Subsidies Public goods International Monetary Fund Research Department Sonstige oth http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=561208 Aggregator Volltext |
spellingShingle | Warner, Andrew M. A framework for efficient government investment BUSINESS & ECONOMICS / Investments & Securities / General bisacsh Cost effectiveness fast Public goods fast Public investments fast Subsidies fast Welfare economics fast Wirtschaft Public investments Welfare economics Cost effectiveness Subsidies Public goods |
title | A framework for efficient government investment |
title_auth | A framework for efficient government investment |
title_exact_search | A framework for efficient government investment |
title_full | A framework for efficient government investment Andrew M. Warner |
title_fullStr | A framework for efficient government investment Andrew M. Warner |
title_full_unstemmed | A framework for efficient government investment Andrew M. Warner |
title_short | A framework for efficient government investment |
title_sort | a framework for efficient government investment |
topic | BUSINESS & ECONOMICS / Investments & Securities / General bisacsh Cost effectiveness fast Public goods fast Public investments fast Subsidies fast Welfare economics fast Wirtschaft Public investments Welfare economics Cost effectiveness Subsidies Public goods |
topic_facet | BUSINESS & ECONOMICS / Investments & Securities / General Cost effectiveness Public goods Public investments Subsidies Welfare economics Wirtschaft |
url | http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=561208 |
work_keys_str_mv | AT warnerandrewm aframeworkforefficientgovernmentinvestment AT internationalmonetaryfundresearchdepartment aframeworkforefficientgovernmentinvestment |