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Author: T. van der Burg
Publisher: Springer Science & Business Media
ISBN: 9400900333
Category : Business & Economics
Languages : en
Pages : 171
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Book Description
Environmental economics addresses the issues that arise on the boundaries between economic systems and natural systems, such as pollution and natural resource de pletion and degradation. Like any other branch of applied economics, it has drawn its tools and techniques from the wide range already available in economics gener ally, selecting, adapting and extending these to meet its own particular requirements in its own particular context. Here, as elsewhere in economics, public policy analy sis requires quantitative assessments of the economic impact of different policy choices. Perhaps the most distinctive contribution of environmental economics has been the development of techniques for the economic valuation of environmental goods and services in the absence of markets for such goods and services, or in the presence of markets that are at best imperfect or incomplete. Nevertheless policy analysis still relies on one or another of three broad groups of methods used in eco nomics generally. One is project appraisal, which at the micro level provides an evaluation ofthe costs and benefits ofinvestment options to inform the choice among them, while at the macro level policy analysis rests either on computable general equilibrium (CGE) models or on economy-wide macroeconometric models. All models are simplifications, designed to focus attention on the important fea tures ofthe problem at hand, and neglecting other features that might for a different problem assume greater importance.
Author: T. van der Burg
Publisher: Springer Science & Business Media
ISBN: 9400900333
Category : Business & Economics
Languages : en
Pages : 171
Get Book Here
Book Description
Environmental economics addresses the issues that arise on the boundaries between economic systems and natural systems, such as pollution and natural resource de pletion and degradation. Like any other branch of applied economics, it has drawn its tools and techniques from the wide range already available in economics gener ally, selecting, adapting and extending these to meet its own particular requirements in its own particular context. Here, as elsewhere in economics, public policy analy sis requires quantitative assessments of the economic impact of different policy choices. Perhaps the most distinctive contribution of environmental economics has been the development of techniques for the economic valuation of environmental goods and services in the absence of markets for such goods and services, or in the presence of markets that are at best imperfect or incomplete. Nevertheless policy analysis still relies on one or another of three broad groups of methods used in eco nomics generally. One is project appraisal, which at the micro level provides an evaluation ofthe costs and benefits ofinvestment options to inform the choice among them, while at the macro level policy analysis rests either on computable general equilibrium (CGE) models or on economy-wide macroeconometric models. All models are simplifications, designed to focus attention on the important fea tures ofthe problem at hand, and neglecting other features that might for a different problem assume greater importance.
Author: T. van der Burg
Publisher:
ISBN: 9789400900349
Category :
Languages : en
Pages : 184
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Book Description
Author: T. van der Burg
Publisher: Springer Science & Business Media
ISBN: 9780792338000
Category : Business & Economics
Languages : en
Pages : 184
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Book Description
For researchers and makers of policy, integrates methods of appraising projects and evaluating macroeconomic policy so that the macroeconomic consequences of particular projects can be taken into account. After reviewing the relevant background, develops a new method of analysis and applies it to a wind energy project in the Netherlands. Shows how an orthodox Keynesian macroeconomic model finds an overall negative effect from a large public expenditure of the average type, but a more positive effect from the specific wind project. Concludes that a selected portfolio of investment projects can stimulate expenditures without the disadvantages of an orthodox Keynesian policy. Revised from a doctoral dissertation for the University of Groningen. Annotation copyright by Book News, Inc., Portland, OR
Author: Daniel Kaufmann
Publisher: World Bank Publications
ISBN:
Category : Politica economica
Languages : en
Pages : 45
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Book Description
A country's economic policies significantly affect the performance of investment projects in the social sectors, especially education.
Author: Michael Beenstock
Publisher: CUP Archive
ISBN: 9780521230773
Category : Business & Economics
Languages : en
Pages : 256
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Book Description
Some recent trends in macroeconomic theory and practice; A critique of Keynesian macroeconomics; The basic neoclassical model; Extension of the neoclassical model; Long term policy analysis; The rational expectations hypothesis; Macroeconomic policy and rational expectations; Theory and practice.
Author: Mr.Abdul Abiad
Publisher: International Monetary Fund
ISBN: 1484361555
Category : Business & Economics
Languages : en
Pages : 26
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Book Description
This paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify the causal effect of government investment in a sample of 17 OECD economies since 1985 and model simulations, the paper finds that increased public investment raises output, both in the short term and in the long term, crowds in private investment, and reduces unemployment. Several factors shape the macroeconomic effects of public investment. When there is economic slack and monetary accommodation, demand effects are stronger, and the public-debt-to-GDP ratio may actually decline. Public investment is also more effective in boosting output in countries with higher public investment efficiency and when it is financed by issuing debt.
Author: David G. Davies
Publisher: World Bank Publications
ISBN: 9780821333259
Category : Business & Economics
Languages : en
Pages : 140
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Book Description
World Bank Discussion Paper No. 329. Tests the hypothesis that appropriate joint management of transboundary fish stocks can help avoid overexploitation of these resources while increasing rents and benefits. Focusing on the industrial pelagic fisheries of northern Chile and southern Peru, the authors present various quantitative models for identifying industry characteristics and calculating benefits.
Author: Pedro Belli
Publisher: World Bank Publications
ISBN: 9780821348505
Category : Business & Economics
Languages : en
Pages : 294
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Book Description
This books presents general principles and methodologies of quantitative risk analysis; provides theory and practice of how to evaluate health, transport and education projects and describes how to assess the environmental impact of projects. It looks at how the tools of cost benefit analysis can be applied from the point of view of the private sector, public sector, bankers, and the country as a whole. It encourages analysts to answer a number of key questions that are likely to increase success rather than simply describing techniques. This book as aimed at all concerned with resource allocation and is presented in an accessible fashion. It is required reading at World bank Institute courses.
Author: Ian Malcolm David Little
Publisher:
ISBN: 9780566056765
Category : Capital
Languages : en
Pages : 388
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Book Description
Author: Richard Bolt
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 208
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Book Description
This study provides a systematic approach to the key dimensions of analysis in support of policy-based operations. Concepts presented include understanding the macroeconomic context of sector policy reforms using a macro-meso-micro perspective, using dimensions of sector diagnosis to identify sequential binding constraints to development in a prevailing policy and institutional environment, and assessing the effects of policy change. Also included are examples of measuring the costs of policy change and lessons from incorporating policy change assessments into policy operation design.
