Economic Effects of Public Investment: An Emphasis on Marshallian and Monetary External Economies (New Frontiers in Regional Science: Asian Perspectives) by Hirotada Kohno
English | 11 Jan. 2017 | ISBN: 4431552235 | 324 Pages | PDF | 6.79 MB
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.