search query: @indexterm PUBLIC POLICY / total: 408
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| Author: | Haughwout, A.F. |
| Title: | Public infrastructure investments, productivity and welfare in fixed geographic areas |
| Journal: | Journal of Accounting & Economics
2002 : MAR, VOL. 83:3, p. 405-428 |
| Index terms: | INFRASTRUCTURES INVESTMENT PRODUCTIVITY PUBLIC POLICY REGIONAL POLICY WELFARE |
| Language: | eng |
| Abstract: | Measures of the value of public investments are critical inputs into the policy process, and aggregate production and cost functions have become the dominant methods of evaluating these benefits. This paper examines the limitations of these approaches in light of applied production and spatial equilibrium theories. |
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