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Public Expenditure (Hardcover)
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Public Expenditure (Hardcover)
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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 fiscal 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 define what it is, analyze its function,
show how it operates, and finally to evaluate research on this
important subject. The book considers the theories of leading
economists (Kenneth Arrow, Lionel Robbins, Carl Shoup, James
Buchanan, Paul Samuelson, Richard Musgrave, and others) in arriving
at a clear statement of theory in its application to operational
problems. Appropriate attention is paid to current techniques such
as program budgeting, cost-benefit analysis, and the analysis of
the determinants of public expenditure. The book is unique in its
emphasis on the integration and critique of contemporary theories
of public expenditure, of distributional concerns, and of the
political framework of public expenditure decisions. It provides a
necessary resource for professional economists required to deal
with public expenditure problems in research or practice.
General
Imprint: |
Routledge
|
Country of origin: |
United Kingdom |
Release date: |
August 2017 |
First published: |
1971 |
Authors: |
S.S. Stevens
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Dimensions: |
229 x 152mm (L x W) |
Format: |
Hardcover
|
Pages: |
356 |
ISBN-13: |
978-1-138-53117-8 |
Categories: |
Books >
Social sciences >
Politics & government >
General
|
LSN: |
1-138-53117-0 |
Barcode: |
9781138531178 |
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