The Appropriate Benefit-Cost Ratio for Public Spending

Yew-Kwang Ng ()

Chapter 9 in Efficiency, Equality and Public Policy, 2000, pp 124-134 from Palgrave Macmillan

Abstract: Abstract The optimal level of public spending is related to what public spending/projects are regarded as appropriate. This is in turn related to the benefit-cost ratio used to assess public projects. The use of a benefit-cost ratio more stringent (i.e. larger) than one would generally lead to a smaller level of public spending. Recently, some prominent economists have expressed apparently rather contrasting views on this issue. This chapter reconciles and qualifies their arguments.

Keywords: Public Good; Public Spending; Cost Ratio; Disincentive Effect; Public Good Provision (search for similar items in EconPapers)
Date: 2000
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-333-99277-7_9

Ordering information: This item can be ordered from
http://www.palgrave.com/9780333992777

DOI: 10.1057/9780333992777_9

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().