+612 9045 4394
 
CHECKOUT
Public Expenditure - Jerry Miner

Public Expenditure

Paperback Published: 15th March 2008
ISBN: 9780202361512
Number Of Pages: 356

Share This Book:

Paperback

RRP $158.99
$117.75
26%
OFF
or 4 easy payments of $29.44 with Learn more
Ships in 7 to 10 business days

Earn 236 Qantas Points
on this Book

In all highly industrialized countries public expenditures are a substantial and growing share of total economic activity. The authors integrate normative and positive theory and empirical analysis of public expenditure, concentrating on the optimal provision of public goods and the estimation of their costs and effects. This volume emphasizes the techniques that are available for reaching collective decisions about the provision of public goods and stresses the importance of income distribution and intergovernmental fi scal relations. In a mixed economy, where the public sector is growing faster than the private sector, the nature of public expenditures must be closely evaluated and studied. This book is designed to focus on and delineate controversies about public expenditure-to defi ne what it is, analyze its function, show how it operates, and fi nally to evaluate research on this important subject.

Industry Reviews

-Professors Burkhead and Minder have implicitly staked a claim for public expenditure to be regarded not merely as a major department of public finance but as a major branch of economics.-

--R. Houghton, The Economic Journal

-Burkhead and Miner have done an excellent piece of work. The book is well written and they have been very helpful in indicating to the reader what they are attempting to do at the beginning of a section as well as summarizing the more difficult sections.-

--J. A. Johnson, The Canadian Journal of Economics

-This book bears ample testimony to the enormous accumulation of literature on the economics of the public sector over the past decade--a literature which has shifted dramatically to concentrate on how public resources are or should be expended rather than how they are raised. Burkhead and Miner provide us with a consolidated, authoritative synthesis of this vast literature.-

--Martin C. McGuire, The Journal of Finance

-This book is an extraordinarily thorough and compact discussion of the nature of the public sector, the pure theory of public expenditure under partial and general equilibrium assumptions, the vexed problems of the -market- for public goods, the politics of collective choice, program budgeting, benefit-cost analysis, fiscal federalism, and conclusions with respect to 'the determinants and consequences of public expenditures.'-

--Kenyon E. Poole, Journal of Economic Literature "Professors Burkhead and Minder have implicitly staked a claim for public expenditure to be regarded not merely as a major department of public finance but as a major branch of economics."

--R. Houghton, The Economic Journal

"Burkhead and Miner have done an excellent piece of work. The book is well written and they have been very helpful in indicating to the reader what they are attempting to do at the beginning of a section as well as summarizing the more difficult sections."

--J. A. Johnson, The Canadian Journal of Economics

"This book bears ample testimony to the enormous accumulation of literature on the economics of the public sector over the past decade--a literature which has shifted dramatically to concentrate on how public resources are or should be expended rather than how they are raised. Burkhead and Miner provide us with a consolidated, authoritative synthesis of this vast literature."

--Martin C. McGuire, The Journal of Finance

"This book is an extraordinarily thorough and compact discussion of the nature of the public sector, the pure theory of public expenditure under partial and general equilibrium assumptions, the vexed problems of the "market" for public goods, the politics of collective choice, program budgeting, benefit-cost analysis, fiscal federalism, and conclusions with respect to 'the determinants and consequences of public expenditures.'"

--Kenyon E. Poole, Journal of Economic Literature "Professors Burkhead and Minder have implicitly staked a claim for public expenditure to be regarded not merely as a major department of public finance but as a major branch of economics."

--R. Houghton, The Economic Journal

"Burkhead and Miner have done an excellent piece of work. The book is well written and they have been very helpful in indicating to the reader what they are attempting to do at the beginning of a section as well as summarizing the more difficult sections."

--J. A. Johnson, The Canadian Journal of Economics

"This book bears ample testimony to the enormous accumulation of literature on the economics of the public sector over the past decade--a literature which has shifted dramatically to concentrate on how public resources are or should be expended rather than how they are raised. Burkhead and Miner provide us with a consolidated, authoritative synthesis of this vast literature."

--Martin C. McGuire, The Journal of Finance

"This book is an extraordinarily thorough and compact discussion of the nature of the public sector, the pure theory of public expenditure under partial and general equilibrium assumptions, the vexed problems of the "market" for public goods, the politics of collective choice, program budgeting, benefit-cost analysis, fiscal federalism, and conclusions with respect to 'the determinants and consequences of public expenditures.'"

--Kenyon E. Poole, Journal of Economic Literature

Forewordp. v
Prefacep. vii
The Nature of the Public Sectorp. 1
The Growth of Government
Public Sector Goals
Organizational Characteristics
The Government Budget
Behavioral Characteristics
Economic Analysis
The Pure Theory of Public Expenditure: Partial Equilibriump. 25
The Concept of Public Goods
Partial Equilibrium Approach
Attainment of the Equilibrium Solutionp. 25
The Pure Theory of Public Expenditure: General Equilibriump. 63
From Partial to General Equilibrium
Normative Solutions
The Basic General Equilibrium Welfare Analysis
Positive Solutions
Summary
Market Failure, Public Policy, and Public Expenditurep. 97
The Economic Framework of Public Expenditure
An Historical Overview of Economic Efficiency and Public Policy
Static and Dynamic Efficiency
Public Goods and Market Failure
Joint Supply, Externalities, Exclusion, and Market Failure
Market Failure and Public Policies
Merit Goods
Which Goods Should Be Public?
The Politics of Collective Choicep. 145
The Public Interest Approach
The Self-Interest Approach
Public Interest versus Private Interest
Program Budgetingp. 174
The Historical Dimensions
The Experience of the Department of Defense
Organizational Patterns
The Definition of Program
Measurement of Costs
Output Criteria
The Benefits and Costs of Program Budgeting
Benefit-Cost Analysisp. 206
Historical Development
Operating Procedure
The General Concept
Criteria for Project Analysis
The Estimation of Benefits
Benefit-Cost Extensions
A General Appraisal
Fiscal Federalismp. 252
Political Organization
Fiscal Objectives
Fiscal Arrangements
The Grant-in-Aid
Determinants and Consequences of Public Expendituresp. 295
An Overview of Positive Aspects
Quantity and Quality of Public Services
The Determinants of Public Expenditures
Supply of Public Services
Incidence of Public Expenditure
Public Expenditure and Social States
Empirical Studies of the Effects of Expenditure
Organizational Theory
Name Indexp. 337
Subject Indexp. 341
Table of Contents provided by Ingram. All Rights Reserved.

ISBN: 9780202361512
ISBN-10: 0202361519
Audience: Professional
Format: Paperback
Language: English
Number Of Pages: 356
Published: 15th March 2008
Publisher: Taylor & Francis Inc
Country of Publication: US
Dimensions (cm): 22.23 x 14.61  x 1.91
Weight (kg): 0.43

Earn 236 Qantas Points
on this Book