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The Elgar Companion to Public Economics - Empirical Public Economics (Hardcover, New ed.)
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The Elgar Companion to Public Economics - Empirical Public Economics (Hardcover, New ed.)
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Attiat Ott and Richard Cebula have recognised the need to present,
in an accessible and straightforward way, the voluminous literature
in the public economics arena. Advances in econometric techniques
and the spillover of knowledge from other disciplines made it
difficult, not only for students but also for lecturers, to
accurately find the information they need.This major Companion
addresses a wealth of topics common to the study of both public
economics and public choice including questions such as: How does
one structure the whole spectrum of public finance in a manageable
framework? What is Wagner's Law really about and what does
empirical testing tell us? How binding is the budget constraint?
How encompassing is a dictator's interest? How do veto powers of
the executive, institutional structures and regimes affect public
sector outcomes? Do voters behave rationally? Do conflicts yield
benefits? Is war cost effective and does secession offer a viable
exit option? The contributions, both theoretical and empirical,
shed light on some contentious issues in the public economics
literature and provide readers with insight into issues that are at
the forefront of discussions about the public economy. The
empirical analysis utilizes recent econometric techniques to
validate or refute empirical findings based on older 'vintage'
econometrics. The diversity of coverage ranges from traditional
models of the public economy to the incorporation of defence
spending as a significant and often neglected function of the
public sector. The contributors include many pioneers and leading
lights in the field. The Elgar Companion to Public Economics will
be required reading for academics and scholars at many levels in
the fields of public economics and public choice but mainly
graduate and above. The Companion will also be of value to scholars
in the wider social sciences in general and political science in
particular.
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