Welfare Property Rights And Economic Policy

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Welfare, Property Rights and Economic Policy

Author : Scott Gordon
Publisher : McGill-Queen's Press - MQUP
Page : 192 pages
File Size : 46,9 Mb
Release : 1991
Category : Business & Economics
ISBN : 9780886291433

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Welfare, Property Rights and Economic Policy by Scott Gordon Pdf

The Welfare Economics of Public Policy

Author : Richard E. Just,Darrell L. Hueth,Andrew Schmitz
Publisher : Edward Elgar Publishing
Page : 706 pages
File Size : 51,6 Mb
Release : 2005-01-01
Category : Political Science
ISBN : 9781845421571

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The Welfare Economics of Public Policy by Richard E. Just,Darrell L. Hueth,Andrew Schmitz Pdf

The Welfare Economics of Public Policy is a great book that should be of interest to all economists interested in applied welfare analysis. It is a good reference book for economists studying the effects of public policy. Finally, it should be a useful textbook for students studying economic policy and applied welfare economics. Jean-Paul Chavas, American Journal of Agricultural Economics . . . a very comprehensive overview of the state of the art in welfare economics. It can be used as a teaching book for advanced students as well as a reference volume for researchers. This duality of possible uses is supported by the fact that very complex issues are presented in an easily readable manner. More technical aspects are then outlined in the appendices of the relevant chapters, offering colleagues the option to study formal considerations in more detail. . . a welcome addition to and expression of the knowledge base of agricultural economics. Stefan Mann, Journal of Agricultural Economics I am absolutely delighted that the authors have revised and republished this text. I have used the previous version for years in my graduate environmental economics course; usually I had to share the one copy I have with students and I felt it was a shame that these students did not have the opportunity to purchase the book since every serious environmental economist should have this volume on their shelf. It has been a continuous reference volume for me over the years and I am sure this is true of many others in the discipline. In the field of applied welfare analysis (spanning environmental economics, international trade, agricultural policy, etc.) there is no need for further elaboration when Just, Hueth and Schmitz is referenced. Everyone knows the book that is being referred to: the bible of applied welfare economics. Catherine Kling, Iowa State University, US For the record, I am one of the people who requested that the authors revise and re-issue their textbook. It is an extremely valuable book for applied economists; as with the previous edition, I will use it extensively in two of my courses and consult it frequently in my own research endeavors. Richard Adams, Oregon State University, US The original book is very well known in our profession and is still used in many classes. It will be wonderful to have a revised edition of this classic book. Colin Carter, University of California, Davis, US This outstanding text, a follow-up to the authors award-winning 1982 text, provides a thorough treatment of economic welfare theory and develops a complete theoretical and empirical framework for applied project and policy evaluation. The authors illustrate how this theory can be used to develop policy analysis from both theory and estimation in a variety of areas including: international trade, the economics of technological change, agricultural economics, the economics of information, environmental economics, and the economics of extractive and renewable natural resources. Building on willingness-to-pay (WTP) measures as the foundation for applied welfare economics, the authors develop measures for firms and households where households are viewed as both consumers and owner/sellers of resources. Possibilities are presented for (1) approximating WTP with consumer surplus, (2) measuring WTP exactly subject to errors in existing econometric work, and (3) using duality theory to specify econometric equations consistent with theory. Later chapters cover specific areas of welfare measurement under imperfect competition, uncertainty, incomplete information, externalities, and dynamic considerations. Applications are considered explicitly for policy issues related to information, international trade, the environment, agriculture, and other natural resource issues. The Welfare Economics of Public Policy is ideal for graduate and undergraduate courses in applied welfare economics, public policy, agricultural policy, and environmental economi

The Rate and Direction of Inventive Activity

Author : National Bureau of Economic Research
Publisher : Princeton University Press
Page : 647 pages
File Size : 50,7 Mb
Release : 2015-12-08
Category : Political Science
ISBN : 9781400879762

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The Rate and Direction of Inventive Activity by National Bureau of Economic Research Pdf

The papers here range from description and analysis of how our political economy allocates its inventive effort, to studies of the decision making process in specific industrial laboratories. Originally published in 1962. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Welfare, Property Rights and Economic Policy

Author : Thomas K. Rymes
Publisher : McGill-Queen's Press - MQUP
Page : 193 pages
File Size : 45,7 Mb
Release : 1991-05-15
Category : Political Science
ISBN : 9780773573697

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Welfare, Property Rights and Economic Policy by Thomas K. Rymes Pdf

This volume celebrates one of Canada's most distinguished social scientists and economics scholars. The book contains four essays, with comments, written to honour Gordon, with reminiscences by friends and colleagues from many universities in Canada and the U.S.

The Myth of Social Cost

Author : Steven N. S. Cheung
Publisher : Hobart Papers (Paperback)
Page : 108 pages
File Size : 43,8 Mb
Release : 1978
Category : Business & Economics
ISBN : STANFORD:36105038685264

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The Myth of Social Cost by Steven N. S. Cheung Pdf

For over 50 years economists have argued that where private costs or benefits differ from social costs or benefits - in noise, smells, congestion, pollution of the environment - there is a 'clear case' for government intervention to correct the divergence. This argument has been used to justify almost endless intervention. However, the original analysts of social costs/benefits were led into error by failing to test their propositions against the evidence of real life. Painstaking empirical studies clearly demonstrate these errors. A divergence between private and social cost is no decisive justification for government action to correct it. The costs of intervention often outweigh the social benefits. Moreover, the alleged 'externalities' are merely uncontracted effects. Under private property rights, the use of contracts to transact what have been regarded as 'external' effects is far more common than has been commonly recognised.

Ethics, Economics and Freedom

Author : Timothy P. Roth
Publisher : Routledge
Page : 128 pages
File Size : 53,9 Mb
Release : 1999
Category : Consequentialism (Ethics).
ISBN : UCSC:32106015536383

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Ethics, Economics and Freedom by Timothy P. Roth Pdf

Outcomes–based, procedurally –detached social welfare theory is found to be indeterminate, irreconcilable with the moral force of rights, and non–accommodative of alternative understandings of justice. The author argues, therefore, for an explicitly normative, contractarian approach to economic theory and institutional appraisal.

The Economic Dependency Trap

Author : Calvin Helin
Publisher : Open Road Media
Page : 290 pages
File Size : 43,7 Mb
Release : 2014-07-01
Category : Self-Help
ISBN : 9781497637504

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The Economic Dependency Trap by Calvin Helin Pdf

2012 gold medal winner in the self-help category of the prestigious Ippy Awards This book offers effective strategies to help erase poverty. It advocates self-reliance, policy reform, and cultural awareness. Accountability is required from all: the middle class, the trust fund babies, and the underprivileged who see themselves as perpetual victims and have fallen into the entitlement trap. True blue prints are offered to rescue people from an economical slump and help them improve their lives, and re-obtain a sense of self-worth.

Subjective Economic Welfare

Author : Martin Ravallion,Michael Lokshin
Publisher : World Bank Publications
Page : 43 pages
File Size : 46,5 Mb
Release : 1999
Category : Bank
ISBN : 8210379456XXX

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Subjective Economic Welfare by Martin Ravallion,Michael Lokshin Pdf

Abstract: April 1999 - As conventionally measured, current household income relative to a poverty line can only partially explain how Russian adults perceive their economic welfare. Other factors include past incomes, individual incomes, household consumption, current unemployment, risk of unemployment, health status, education, and relative income in the area of residence. Paradoxically, when economists analyze a policy's impact on welfare they typically assume that people are the best judges of their own welfare, yet resist directly asking them if they are better off. Early ideas of utility were explicitly subjective, but modern economists generally ignore people's expressed views about their own welfare. Even using a broad set of conventional socioeconomic data may not reflect well people's subjective perceptions of their poverty. Ravallion and Lokshin examine the determinants of subjective economic welfare in Russia, including its relationship to conventional objective indicators. For data on subjective perceptions, they use survey responses in which respondents rate their level of welfare from poor to rich on a nine-point ladder. As an objective indicator of economic welfare, they use the most common poverty indicator in Russia today, in which household incomes are deflated by household-specific poverty lines. They find that Russian adults with higher family income per equivalent adult are less likely to place themselves on the lowest rungs of the subjective ladder and more likely to put themselves on the upper rungs. But current household income does not explain well self-reported assessments of whether someone is poor or rich. Expanding the set of variables to include incomes at different dates, expenditures, educational attainment, health status, employment, and average income in the area of residence doubles explanatory power. Healthier and better educated adults with jobs perceive themselves to be better off, controlling for income. The unemployed view their welfare as lower, even with full income replacement. Individual income matters independent of per capita household income. Relative income also matters. Living in a richer area lowers perceived economic welfare, controlling for income and other factors. This paper-a product of Poverty and Human Resources, Development Research Group-is part of a larger effort in the group to better understand the relationship between objective and subjective economic welfare. The study was funded by the Bank's Research Support Budget under the research project Policies for Poor Areas (RPO 681-39). The authors may be contacted at [email protected] or [email protected].

Freedom, Democracy and Economic Welfare

Author : Michael A. Walker
Publisher : Unknown
Page : 0 pages
File Size : 51,7 Mb
Release : 1988
Category : Electronic
ISBN : 0889751161

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Freedom, Democracy and Economic Welfare by Michael A. Walker Pdf

The Free-Market Innovation Machine

Author : William J. Baumol
Publisher : Princeton University Press
Page : 332 pages
File Size : 43,5 Mb
Release : 2004-04-11
Category : Business & Economics
ISBN : 9780691116303

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The Free-Market Innovation Machine by William J. Baumol Pdf

Why has capitalism produced economic growth that so vastly dwarfs the growth record of other economic systems, past and present? Why have living standards in countries from America to Germany to Japan risen exponentially over the past century? William Baumol rejects the conventional view that capitalism benefits society through price competition--that is, products and services become less costly as firms vie for consumers. Where most others have seen this as the driving force behind growth, he sees something different--a compound of systematic innovation activity within the firm, an arms race in which no firm in an innovating industry dares to fall behind the others in new products and processes, and inter-firm collaboration in the creation and use of innovations. While giving price competition due credit, Baumol stresses that large firms use innovation as a prime competitive weapon. However, as he explains it, firms do not wish to risk too much innovation, because it is costly, and can be made obsolete by rival innovation. So firms have split the difference through the sale of technology licenses and participation in technology-sharing compacts that pay huge dividends to the economy as a whole--and thereby made innovation a routine feature of economic life. This process, in Baumol's view, accounts for the unparalleled growth of modern capitalist economies. Drawing on extensive research and years of consulting work for many large global firms, Baumol shows in this original work that the capitalist growth process, at least in societies where the rule of law prevails, comes far closer to the requirements of economic efficiency than is typically understood. Resounding with rare intellectual force, this book marks a milestone in the comprehension of the accomplishments of our free-market economic system--a new understanding that, suggests the author, promises to benefit many countries that lack the advantages of this immense innovation machine.

The Welfare State

Author : David Garland
Publisher : Oxford University Press
Page : 177 pages
File Size : 55,5 Mb
Release : 2016
Category : POLITICAL SCIENCE
ISBN : 9780199672660

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The Welfare State by David Garland Pdf

This 'Very Short Introduction' discusses the necessity of welfare states in modern capitalist societies. Situating social policy in an historical, sociological, and comparative perspective, David Garland brings a new understanding to familiar debates, policies, and institutions.

Intellectual Property and Development

Author : Keith E. Maskus,Carsten Fink
Publisher : World Bank Publications
Page : 360 pages
File Size : 48,5 Mb
Release : 2005-01-01
Category : Law
ISBN : 0821383485

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Intellectual Property and Development by Keith E. Maskus,Carsten Fink Pdf

International policies toward protecting intellectual property rights have seen profound changes over the past two decades. Rules on how to protect patents, copyright, trademarks and other forms of intellectual property have become a standard component of international trade agreements. Most significantly, during the Uruguay Round of multilateral trade negotiations (1986-94), members of what is today the World Trade Organization (WTO) concluded the Agreement on Trade Related Intellectual Property Rights (TRIPS), which sets out minimum standards of protection that most of the world's economies have to respect. How will developing countries fare in this new international environment? Intellectual Property and Development brings together empirical research that assesses the effects of changing intellectual property regimes on various measures of economic and social performance - ranging from international trade, foreign investment and competition, to innovation and access to new technologies. The studies presented point to an important development dimension to the protection of intellectual property. But a one-size fits all approach to intellectual property is unlikely to work. There is need to adjust intellectual property norms to domestic needs, taking into account developing countries' capacity to innovate, technological needs, and institutional capabilities. In addition, governments need to consider a range of complementary policies to maximize the benefits and reduce the costs of reformed intellectual property regulations. This book will be of interest to students and scholars of international law, particularly in the area of intellectual property rights, international trade, and public policy.

The Constitution Act, 1982

Author : Canada
Publisher : Unknown
Page : 0 pages
File Size : 45,8 Mb
Release : 1996
Category : Civil rights
ISBN : OCLC:49089791

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The Constitution Act, 1982 by Canada Pdf

Intellectual Property Rights in the Global Economy

Author : Keith Eugene Maskus
Publisher : Peterson Institute
Page : 296 pages
File Size : 47,7 Mb
Release : 2000
Category : Intellectual property
ISBN : 088132597X

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Intellectual Property Rights in the Global Economy by Keith Eugene Maskus Pdf