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Applied Welfare Economics

Chris Jones

Published in print:
2005
Published Online:
July 2005
ISBN:
9780199281978
eISBN:
9780191602535
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0199281971.001.0001
Subject:
Economics and Finance, Public and Welfare

Important results in the applied welfare literature are used to extend a conventional Harberger cost-benefit analysis. A conventional welfare equation is obtained for marginal policy changes in a ... More


The Marginal Social Cost of Public Funds

Chris Jones

in Applied Welfare Economics

Published in print:
2005
Published Online:
July 2005
ISBN:
9780199281978
eISBN:
9780191602535
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199281971.003.0007
Subject:
Economics and Finance, Public and Welfare

In public economics applications, the MCF is frequently used to compute the cost to private surplus of raising an additional dollar of government revenue. One of the most common examples is provided ... More


Conventional Shadow Prices

Chris Jones

in Applied Welfare Economics

Published in print:
2005
Published Online:
July 2005
ISBN:
9780199281978
eISBN:
9780191602535
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199281971.003.0002
Subject:
Economics and Finance, Public and Welfare

The formal analysis in this chapter lays the foundation for the welfare analysis in the remainder of the book. A conventional welfare equation for marginal policy changes is obtained in a competitive ... More


Domestic Saving and Income Distribution

Young‐Iob Chung

in South Korea in the Fast Lane: Economic Development and Capital Formation

Published in print:
2007
Published Online:
September 2007
ISBN:
9780195325454
eISBN:
9780199783908
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195325454.003.0007
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter examines the volume of domestic savings; its sources (e.g., personal/household, business, and the government); and the use of mobilized domestic savings to finance the growing investment ... More


Revised Shadow Prices

Chris Jones

in Applied Welfare Economics

Published in print:
2005
Published Online:
July 2005
ISBN:
9780199281978
eISBN:
9780191602535
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199281971.003.0006
Subject:
Economics and Finance, Public and Welfare

Governments rarely raise revenue with lump sum transfers. Instead, they use distorting taxes, and this must be reflected in cost-benefit studies. The conventional welfare analysis in previous ... More


Distributional Effects

Chris Jones

in Applied Welfare Economics

Published in print:
2005
Published Online:
July 2005
ISBN:
9780199281978
eISBN:
9780191602535
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199281971.003.0003
Subject:
Economics and Finance, Public and Welfare

Once consumers are assigned different distributional weights, it is possible for policy changes with efficiency losses to raise social welfare by ’improving’ the distribution of income. Two ... More


Problems

Chris Jones

in Applied Welfare Economics

Published in print:
2005
Published Online:
July 2005
ISBN:
9780199281978
eISBN:
9780191602535
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199281971.003.0011
Subject:
Economics and Finance, Public and Welfare

This chapter provides a set of questions drawn from material presented in previous chapters. Most are designed to emphasize important points, and to illustrate practical examples of applied welfare ... More


‘Living Water’: Vodka and Russian Society on the Eve of Emancipation

David Christian

Published in print:
1990
Published Online:
October 2011
ISBN:
9780198222866
eISBN:
9780191678516
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198222866.001.0001
Subject:
History, European Modern History

This book is a study of the social, economic, and political role of vodka in 19th-century Russia. Since the ‘Green Serpent’ first appeared in 16th-century Muscovy, it has played a vital part in ... More


Provincial and Local Governments in China: Fiscal Institutions and Government Behavior

Wei Li and Roger H. Gordon

in Capitalizing China

Published in print:
2012
Published Online:
September 2013
ISBN:
9780226237244
eISBN:
9780226237268
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226237268.003.0009
Subject:
Economics and Finance, South and East Asia

This chapter examines the economic incentives available to local officials in China. The key hypothesis is that the welfare of local officials is heavily dependent on the amount of government revenue ... More


The Decade of the 1980s

Suresh D. Tendulkar and T.A. Bhavani

in Understanding Reforms: Post-1991 India

Published in print:
2012
Published Online:
September 2012
ISBN:
9780198085584
eISBN:
9780199082087
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198085584.003.0005
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter reviews the origins of the major changes in polity and economy in India in the 1980s. In the high tariff regime of the 1980s, small-scale producers often found it more profitable to turn ... More


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