國立虎尾科技大學 |

Public Investment Criteria = Using an Interregional Input-Output Programming Model /

紀錄類型:	書目-語言資料,印刷品 : Monograph/item
正題名/作者:	Public Investment Criteria/ by Hirotada Kohno, Yoshiro Higano.
其他題名:	Using an Interregional Input-Output Programming Model /
作者:	Kohno, Hirotada.
其他作者:	Higano, Yoshiro.
面頁冊數:	XXVI, 484 p. 1 illus.online resource. :
Contained By:	Springer Nature eBook
標題:	Regional economics. -
電子資源:	https://doi.org/10.1007/978-4-431-55221-5
ISBN:	9784431552215

Public Investment Criteria = Using an Interregional Input-Output Programming Model /
Kohno, Hirotada.

Public Investment CriteriaUsing an Interregional Input-Output Programming Model /[electronic resource] :by Hirotada Kohno, Yoshiro Higano. - 1st ed. 2022. - XXVI, 484 p. 1 illus.online resource. - ;2. - ;11..

Chapter 1: Public Investment Criteria: A Tentative Specific Survey on the Benefit-Cost Analysis in the Early Years -- Chapter 2: Economic Effects of Mei-Shin and To-Mei Expressways Based on the World Bank Formula of Fifty Years Ago -- Chapter 3: Generalized Benefit-Cost Criteria: Public Investment Criteria When the Benefits are Previously Measured -- Chapter 4: Optimum Allocation of the Capital Funds to the Transportation Infrastructures Using the Interregional Input-Output Programming Model (Part I): Specification with 5 regions, 5 industries, and 3 transport modes -- Chapter 5: Optimal comprehensive transport system and development of the model -- Chapter 6: Optimal Allocation of the Public Funds to the Transportation Infrastructures Using the Interregional Input-Output Programming Model (Part II): Specification with 10 regions, 10 industries, and 9 transport modes -- Chapter 7: Optimal planning of Asian Expressway Network with dynamic interregional input-output programming model -- Postscripts -- Acknowledgements.

This volume presents the most robust and useful methodology for the derivation of investment criteria for the evaluation and planning of public investment projects – public investment criteria. The methodological approach solves inherent defects of traditional methodology, namely an ad hoc application of the benefit-cost analysis in the static content. Although this approach originated in the water resources development project of the Harvard group, the authors’ methodology has achieved a discrete and dynamic inter regional input-output programming model by which: (i) establishment of priorities among potential investment targets by taking account of economic benefits that are brought by implementation of a set of selected projects, and diffusing into the whole national economy, and (ii) rational allocation of limited public funds to the selected investment projects are consistently made, based on the opportunity cost criteria in the dynamic content. As these benefits make up a source for the stream of further created capital funds for public as well as private sectors over the planning time horizon, optimal re-investment of thus created capital funds are solved recursively in the endogenous model by approaching the turnpike path of the whole national economy. As an optimal solution, the allocated levels for trunk expressway network as well as for other transport facilities, which are balanced with the allocation for industrial capital formation, are obtained by period and by region. In the background of these processes, the imputed price and opportunity costs as a sort of contemporary “god” are always latent. Readers with basic mathematical knowledge will learn functional and practical meaning of the opportunity costs (and the imputed price) in the evaluation and planning of investment. Conquering this small obstacle will be a source of strong self-confidence for society, a worthwhile objective. Other applications of the methodology are also included in this book, which is helpful for practitioners frequently using the feasibility study method as well as experts who wish to understand the theoretical arguments related to public investment criteria. As one of the applications, there is a numerical solution of a composite transport system in which the amounts of roads, railways, and ports are derived quantitatively, not qualitatively. These are results of authentic public investment criteria that are built in the inter-regional input-output programing model.

ISBN: 9784431552215

Standard No.: 10.1007/978-4-431-55221-5doiSubjects--Topical Terms:

561880
Regional economics.

LC Class. No.: HT388

Dewey Class. No.: 330.9

Public Investment Criteria = Using an Interregional Input-Output Programming Model /
LDR:04972nam a22004335i 4500 001 1092241
003 DE-He213
005 20221207094858.0
007 cr nn 008mamaa
008 221228s2022 ja | s |||| 0|eng d
020 $a 9784431552215 $9 978-4-431-55221-5
024 7 $a 10.1007/978-4-431-55221-5 $2 doi
035 $a 978-4-431-55221-5
050 4 $a HT388
072 7 $a KCP $2 bicssc
072 7 $a GTB $2 bicssc
072 7 $a BUS067000 $2 bisacsh
072 7 $a KCP $2 thema
072 7 $a GTM $2 thema
082 0 4 $a 330.9 $2 23
100 1 $a Kohno, Hirotada. $4 aut $4 http://id.loc.gov/vocabulary/relators/aut $3 1116318
245 1 0 $a Public Investment Criteria $h [electronic resource] : $b Using an Interregional Input-Output Programming Model / $c by Hirotada Kohno, Yoshiro Higano.
250 $a 1st ed. 2022.
264 1 $a Tokyo : $b Springer Japan : $b Imprint: Springer, $c 2022.
300 $a XXVI, 484 p. 1 illus. $b online resource.
336 $a text $b txt $2 rdacontent
337 $a computer $b c $2 rdamedia
338 $a online resource $b cr $2 rdacarrier
347 $a text file $b PDF $2 rda
490 1 $a ; $v 2
505 0 $a Chapter 1: Public Investment Criteria: A Tentative Specific Survey on the Benefit-Cost Analysis in the Early Years -- Chapter 2: Economic Effects of Mei-Shin and To-Mei Expressways Based on the World Bank Formula of Fifty Years Ago -- Chapter 3: Generalized Benefit-Cost Criteria: Public Investment Criteria When the Benefits are Previously Measured -- Chapter 4: Optimum Allocation of the Capital Funds to the Transportation Infrastructures Using the Interregional Input-Output Programming Model (Part I): Specification with 5 regions, 5 industries, and 3 transport modes -- Chapter 5: Optimal comprehensive transport system and development of the model -- Chapter 6: Optimal Allocation of the Public Funds to the Transportation Infrastructures Using the Interregional Input-Output Programming Model (Part II): Specification with 10 regions, 10 industries, and 9 transport modes -- Chapter 7: Optimal planning of Asian Expressway Network with dynamic interregional input-output programming model -- Postscripts -- Acknowledgements.
520 $a This volume presents the most robust and useful methodology for the derivation of investment criteria for the evaluation and planning of public investment projects – public investment criteria. The methodological approach solves inherent defects of traditional methodology, namely an ad hoc application of the benefit-cost analysis in the static content. Although this approach originated in the water resources development project of the Harvard group, the authors’ methodology has achieved a discrete and dynamic inter regional input-output programming model by which: (i) establishment of priorities among potential investment targets by taking account of economic benefits that are brought by implementation of a set of selected projects, and diffusing into the whole national economy, and (ii) rational allocation of limited public funds to the selected investment projects are consistently made, based on the opportunity cost criteria in the dynamic content. As these benefits make up a source for the stream of further created capital funds for public as well as private sectors over the planning time horizon, optimal re-investment of thus created capital funds are solved recursively in the endogenous model by approaching the turnpike path of the whole national economy. As an optimal solution, the allocated levels for trunk expressway network as well as for other transport facilities, which are balanced with the allocation for industrial capital formation, are obtained by period and by region. In the background of these processes, the imputed price and opportunity costs as a sort of contemporary “god” are always latent. Readers with basic mathematical knowledge will learn functional and practical meaning of the opportunity costs (and the imputed price) in the evaluation and planning of investment. Conquering this small obstacle will be a source of strong self-confidence for society, a worthwhile objective. Other applications of the methodology are also included in this book, which is helpful for practitioners frequently using the feasibility study method as well as experts who wish to understand the theoretical arguments related to public investment criteria. As one of the applications, there is a numerical solution of a composite transport system in which the amounts of roads, railways, and ports are derived quantitatively, not qualitatively. These are results of authentic public investment criteria that are built in the inter-regional input-output programing model.
650 0 $a Regional economics. $3 561880
650 0 $a Spatial economics. $3 1197943
650 0 $a Economics. $3 555568
650 0 $a Social policy. $3 555261
650 1 4 $a Regional and Spatial Economics. $3 1366249
650 2 4 $a Social Policy. $3 669212
700 1 $a Higano, Yoshiro. $4 aut $4 http://id.loc.gov/vocabulary/relators/aut $3 1227024
710 2 $a SpringerLink (Online service) $3 593884
773 0 $t Springer Nature eBook
776 0 8 $i Printed edition: $z 9784431552208
776 0 8 $i Printed edition: $z 9784431552222
776 0 8 $i Printed edition: $z 9784431569077
830 0 $a ; $v 11. $3 1052532
856 4 0 $u https://doi.org/10.1007/978-4-431-55221-5
912 $a ZDB-2-ECF
912 $a ZDB-2-SXEF
950 $a Economics and Finance (SpringerNature-41170)
950 $a Economics and Finance (R0) (SpringerNature-43720)