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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
202,95 €
+ 405 points
Format
Description
This book provides an original theoretical framework for assessing 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:
- In which circumstances is intervention by higher level government in Member States through investment policies justified?
- Is there a welfare economics rationale to underpin interregional equity? What is the relationship between interregional and interpersonal income distribution? How can social exclusion be included in cost-benefit tests?
- How can a higher level of government allocate financial resources to investment policies before it bargains over the related programming documents with lower levels of government?
- In these circumstances, how can optimal matching rates be derived under binding or non binding budgetary constraints?
- How can such an analytical framework provide guidance for real-world decision makers?
Guidelines such as the Impact Assessment Guidelines (European Commission), the Green Book (British Treasury), and Guidelines and Discount Rates for Benefit-Cost Analysis of Federal Programs (Executive Office of the US President) are also analyzed.
The book will be of interest to policy makers, postgraduate students and researchers in cost-benefit analysis, welfare economics, public choice, public finance, multi-level government economics, and income distribution issues.
Spécifications
Parties prenantes
- Auteur(s) :
- Editeur:
Contenu
- Nombre de pages :
- 352
- Langue:
- Anglais
- Collection :
Caractéristiques
- EAN:
- 9780415568210
- Date de parution :
- 30-04-10
- Format:
- Livre relié
- Format numérique:
- Genaaid
- Dimensions :
- 160 mm x 236 mm
- Poids :
- 635 g
