Efficiency considerations and the allocation of new deal funds: an examination of the public goods explanation of expenditure patterns

Jim Couch (), David Black () and Philip Burton ()
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Jim Couch: University of North Alabama
David Black: University of North Alabama
Philip Burton: The University of North Alabama

Economics Bulletin, 2009, vol. 29, issue 4, 3126-3133

Abstract: The uneven state-level distribution of New Deal spending has been frequently studied and a variety of economic and political models have been developed. In their article, “Does the Distribution of New Deal Spending Reflect an Optimal Provision of Public Goods?,” (Economics Bulletin, Vol. 8, No. 3, 2007. pp 1-5) Bateman and Taylor propose that much of the disparity in state-level New Deal expenditures can be explained if the creation of public goods and the spillover effects are included in economic models. Using the available wealth of data on New Deal programs, expenditures by agencies within the New Deal are examined and correlation statistics provided to test this hypothesis against the 1930 US census population density figures.

Keywords: New Deal; public good; spillover effects; Public Works Administration; PWA; Civil Works Administration; CWA (search for similar items in EconPapers)
JEL-codes: B0 B2 (search for similar items in EconPapers)
Date: 2009-12-21
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