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The use of regional economic models in conducting net present value analysis of development programs (Record no. 34176)

000 -LEADER
fixed length control field 01706naa a2200181uu 4500
001 - CONTROL NUMBER
control field 0060812525937
003 - CONTROL NUMBER IDENTIFIER
control field OSt
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20190211172617.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 100608s1995 xx ||||gr |0|| 0 eng d
999 ## - SYSTEM CONTROL NUMBERS (KOHA)
Koha Dewey Subclass [OBSOLETE] PHL2MARC21 1.1
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title eng
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name BRADDOCK, David
9 (RLIN) 41010
245 10 - TITLE STATEMENT
Title The use of regional economic models in conducting net present value analysis of development programs
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. New York :
Name of publisher, distributor, etc. Marcel Dekker,
Date of publication, distribution, etc. 1995
520 3# - SUMMARY, ETC.
Summary, etc. Economic impact analysis may be combined with state tax models to produce cash flows of benefits and costs. Benefits from added employment accrue to the state from tax receipts and business payments into state unemployment compensation programs. Costs accrue from programmatic expenditures. Economic development program decisions may be made on the basis of net present value calculations. Thus, Government is analyzed as though it were a private company. The argument is made here that benefits should be l discounted at the marginal cost of capital because the alternative to taxation is use of tax funds by citizens at their marginal cost. Government programmatic costs should be discounted at the average cost of capital because public funds are deposited in financial institutions before expenditure. Interest payments are deposited by financial institutions to public accounts. The interest rate represents an estimate of the average cost of capital and is considered here as an alternative use of state funds; the public opportunity cost.
773 08 - HOST ITEM ENTRY
Title International Journal of Public Administration - IJPA
Related parts 18, 1, p. 59-81
Place, publisher, and date of publication New York : Marcel Dekker, 1995
International Standard Serial Number ISSN 01900692
Record control number
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Periódico
998 ## - LOCAL CONTROL INFORMATION (RLIN)
-- 20100608
Operator's initials, OID (RLIN) 1252^b
Cataloger's initials, CIN (RLIN) Daiane
998 ## - LOCAL CONTROL INFORMATION (RLIN)
-- 20100616
Operator's initials, OID (RLIN) 1030^b
Cataloger's initials, CIN (RLIN) Carolina

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Escola Nacional de Administração Pública

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