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Public Investment Criteria: Using an Interregional Input-Output Programming Model
Paperback
Business GeneralGeneral Political Science
ISBN13: 9784431569077
Publisher: Springer Nature
Published: Jan 19 2023
Pages: 484
Weight: 1.57
Height: 1.03 Width: 6.14 Depth: 9.21
Language: English
Explains how the trade pattern among regions is variable and is endogenously determined by the impact of public investments such as highways and high-speed railways
Demonstrates that the public investment pattern reflects the opportunity cost of the assigned budget that could be spent for varieties of other investment targets
Shows that by analyzing calculated opportunity cost, imputed price, and costate variables, the essence of the comprehensive programming model can be understood
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