The Measurement Of The Economic Benefits Of Infrastructure Services
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The Measurement Of The Economic Benefits Of Infrastructure Services
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Author : Walter E Diewert
language : en
Publisher:
Release Date : 1986-10-01
The Measurement Of The Economic Benefits Of Infrastructure Services written by Walter E Diewert and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986-10-01 with categories.
The Measurement Of The Economic Benefits Of Infrastructure Services
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Author : W. Erwin Diewert
language : en
Publisher: Department of Economics, University of British Columbia
Release Date : 1986
The Measurement Of The Economic Benefits Of Infrastructure Services written by W. Erwin Diewert and has been published by Department of Economics, University of British Columbia this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with Business & Economics categories.
This research was supported by the World Bank and the Social Sciences and Humanities R̃search Council of Canada. Neither institution is responsible for the views expressed in this paper. The author is indebted to V. Corbo, A. Haymer, Y. Kanemoto, K. Lee, K. Mera, Hal Varian and A. Walters for helpful comments and to Elizabeth Lambert, Shehnaz Motani', and Jeanette Leigh Paisley for excellent typing services. I would like to dedicate this book to my wife, Virginia. TABLE OF CONTENTS 1. Introduction . . . •. . ••. . •. ••. •••. . . . •. . . . . •. •. . . •. . . •. •. •. . •. . . •. ••. • 2. A Simple Producer Benefit Measure . . ••. •••. ••••. •••••••••••. ••••••. • 8 3. Willingness to P̃v Functions and Marginal Cost Functions ••••••••••• 15 4. Approximate Benefit Measures 30 5. Problems with the Producer Benefit Measure ••••••••••••• ! ••••••••••• 41 5. 1. Static versus Dynamic Benefit Measures ••••••••••••••••••• 41 5. 2. The Problem of Endogenous Prices for Local Goons ••••••••• 48 5. 3. The Neglect of Consumer Benefits' ••••••••••••••••••••••••• 56 6. Alternative Approaches to Benefit Measurement •••••••••••••••••••••• 70 6. 1. The Questionnaire or Sample Survey Approach •••••••••••••• 70 6. 2. Ex Post Accounting Approaches •••••••••••••••••••••••••••• 72 6. 3. Engineering and Mathematical Programming Approaches •••••• 74 6. 4. The Applied General Equilibrium Modelling Approach ̃ •••••• 75 6. 5. The Differential Approach •••••••••••••••••••••••••••••••• 77 6. 6. The Econometric Approach . . •••••••••. •. ••••••. •••••••••. •• 79 7.
The Measurement Of The Economic Benefits Of Infrastructure Services
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Author : Walter E. Diewert
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
The Measurement Of The Economic Benefits Of Infrastructure Services written by Walter E. Diewert and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
This research was supported by the World Bank and the Social Sciences and Humanities R~search Council of Canada. Neither institution is responsible for the views expressed in this paper. The author is indebted to V. Corbo, A. Haymer, Y. Kanemoto, K. Lee, K. Mera, Hal Varian and A. Walters for helpful comments and to Elizabeth Lambert, Shehnaz Motani', and Jeanette Leigh Paisley for excellent typing services. I would like to dedicate this book to my wife, Virginia. TABLE OF CONTENTS 1. Introduction . . . •. . ••. . •. ••. •••. . . . •. . . . . •. •. . . •. . . •. •. •. . •. . . •. ••. • 2. A Simple Producer Benefit Measure . . ••. •••. ••••. •••••••••••. ••••••. • 8 3. Willingness to P~v Functions and Marginal Cost Functions ••••••••••• 15 4. Approximate Benefit Measures 30 5. Problems with the Producer Benefit Measure ••••••••••••• ! ••••••••••• 41 5. 1. Static versus Dynamic Benefit Measures ••••••••••••••••••• 41 5. 2. The Problem of Endogenous Prices for Local Goons ••••••••• 48 5. 3. The Neglect of Consumer Benefits' ••••••••••••••••••••••••• 56 6. Alternative Approaches to Benefit Measurement •••••••••••••••••••••• 70 6. 1. The Questionnaire or Sample Survey Approach •••••••••••••• 70 6. 2. Ex Post Accounting Approaches •••••••••••••••••••••••••••• 72 6. 3. Engineering and Mathematical Programming Approaches •••••• 74 6. 4. The Applied General Equilibrium Modelling Approach ~ •••••• 75 6. 5. The Differential Approach •••••••••••••••••••••••••••••••• 77 6. 6. The Econometric Approach . . •••••••••. •. ••••••. •••••••••. •• 79 7.
Consumer Benefits Of Infrastructure Services
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Author : Carmit Schwartz
language : en
Publisher:
Release Date : 2014
Consumer Benefits Of Infrastructure Services written by Carmit Schwartz and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with categories.
This paper provides methodologies for evaluating consumer benefits of infrastructure services using potentially observable information. We define benefit measures for consumers and, using general principles from the index number literature, derive alternative first and second order approximations to these measures under the assumption of fixed prices for market goods and services. We then describe how the benefit measures and their associated approximations can be used in quantifying the economic benefits when prices are allowed to change endogenously as the provision of infrastructure services changes. In addition, under quite unrestrictive assumptions, a measure of welfare change based only on potentially observable data is derived.
Infrastructure And The Complexity Of Economic Development
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Author : David F. Batten
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Infrastructure And The Complexity Of Economic Development written by David F. Batten and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
The book examines the complex relationships between infrastructure and the rest of the economy. In particular, it focuses on the contentious issue of whether infrastructure investments stimulate productivity growth, issues of pricing and ownership, and also development problems such as environmental damage. Methods range from traditional production function models and compensating variation approaches to nonlinear methods of dynamic analysis. There is a unique emphasis on the ability of these different methods to allow for the complex interdependencies involved. Six of the fifteen papers deal with these methodological aspects, whereas the remainder addresses specific cases or examples in a variety of countries (Europe, USA and developing countries).
Measuring And Improving Infrastructure Performance
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Author : Committee on Measuring and Improving Infrastructure Performance
language : en
Publisher: National Academies Press
Release Date : 1995-01-15
Measuring And Improving Infrastructure Performance written by Committee on Measuring and Improving Infrastructure Performance and has been published by National Academies Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995-01-15 with Political Science categories.
The nation's physical infrastructure facilitates movement of people and goods; provides safe water; provides energy when and where needed; removes wastes; enables rapid communications; and generally supports our economy and quality of life. Developing a framework for guiding attempts at measuring the performance of infrastructure systems and grappling with the concept of defining good performance are the major themes of this book. Focusing on urban regions, within a context of national policy, the volume provides the basis for further in-depth analysis and application at the local, regional, state, and national levels.
Measuring And Improving Infrastructure Performance
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Author : National Research Council
language : en
Publisher: National Academies Press
Release Date : 1995-02-01
Measuring And Improving Infrastructure Performance written by National Research Council and has been published by National Academies Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995-02-01 with Technology & Engineering categories.
The nation's physical infrastructure facilitates movement of people and goods; provides safe water; provides energy when and where needed; removes wastes; enables rapid communications; and generally supports our economy and quality of life. Developing a framework for guiding attempts at measuring the performance of infrastructure systems and grappling with the concept of defining good performance are the major themes of this book. Focusing on urban regions, within a context of national policy, the volume provides the basis for further in-depth analysis and application at the local, regional, state, and national levels.
Valuing The Environment Methodological And Measurement Issues
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Author : Rüdiger Pethig
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-03-14
Valuing The Environment Methodological And Measurement Issues written by Rüdiger Pethig and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03-14 with Business & Economics categories.
During the last decades, environmental economics as a science has been very successful in improving our understanding of environment-economy interdepen dence. Using conventional economic methodology, environmental aspects have been explicitly incorporated into economic models making use of the concept of externality. This concept was already familiar to economists long before evidence of severe environmental deterioration found its way into the headlines and peo ple's awareness. But before that time, external effects were not considered as being empirically very relevant, they seemed to be -like the example of the bees and the fruit trees - somewhat bucolic in nature. All that changed dramatically when it was no longer possible (or easy) to ignore the large-scale environmental disruption with its negative feedback on consumers and producers caused by growing pollution and excessive use of environmental resources. In diagnosing the discrepancy between private and social cost as the cause of the problem, the externality paradigm proved very useful. The correct diagnosis implies the straightforward cure to internalise all external cost, namely the damage cost of pollution. But it is one thing to identify the qualitative nature of the problem at an abstract conceptual level and quite another thing to place specific money values on pollution damage and society's valuation of the environment, respectively, in the context of specific pollution (control) problems. Very often it is controversial not only how inefficient the no-policy situation is but also what exactly the net benefit of any public action of reducing pollution is.
Cost Structure And The Measurement Of Economic Performance
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Author : Catherine J. Morrison Paul
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Cost Structure And The Measurement Of Economic Performance written by Catherine J. Morrison Paul and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
Cost Structure and the Measurement of Economic Performance is designed to provide a comprehensive guide for students, researchers or consultants who wish to model, construct, interpret, and use economic performance measures. The topical emphasis is on productivity growth and its dependence on the cost structure. The methodological focus is on application of the tools of economic analysis - the `thinking structure' provided by microeconomic theory - to measure technological or cost structure, and link it with market and regulatory structure. This provides a rich basis for evaluation of economic performance and its determinants. The format of the book stresses topics or questions of interest rather than the theoretical tools for analysis. Traditional productivity growth modeling and measurement practices that result in a productivity residual often called the `measure of our ignorance' are initially overviewed, and then the different aspects of technological, market and regulatory structure that might underlie this residual are explored. The ultimate goal is to decompose or explain the residual, by modeling and measuring a multitude of impacts that determine the economic performance of firms, sectors, and economies. The chapters are organized with three broad goals in mind. The first is to introduce the overall ideas involved in economic performance measurement and traditional productivity growth analysis. Issues associated with different types of (short and long run, internal and external) cost economies, market and regulatory impacts, and other general cost efficiencies that might impact these measures are then explored. Finally, some of the theoretical, data construction and econometric tools necessary to justify and implement these models are emphasized.
Investing Today For The World Of Tomorrow
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Author : Deutsche Bundesbank
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Investing Today For The World Of Tomorrow written by Deutsche Bundesbank and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
Investment is crucial to the development of a nation's economy and welfare. In contrast to the United States, investment in Europe has been quite modest over the past few years. This volume gathers together a number of papers by prominent researchers in the field of investment. It provides an overview of recent developments in this area and presents new empirical findings on the determinants and implications of the investment process in European countries. Topics include: role of taxation, uncertainty and the financial systems, as well as the relevance of corporate governance to the investment process. Two chapters are dedicated to infrastructure investment and foreign direct investment.