The use of regional economic models in conducting net present value analysis of development programs (Record no. 34176)
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000 -LEADER | |
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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 |
No items available.