Public Investment Criteria

Explains how the trade pattern among regions is variable and is endogenously determined by the impact of public investments such as highways and high-speed railways

Demonstrates that the public investment pattern reflects the opportunity cost of the assigned budget that could be spent for varieties of other investment targets

Shows that by analyzing calculated opportunity cost, imputed price, and costate variables, the essence of the comprehensive programming model can be understood

Autorentext
Emeritus Professor, The University of Tsukuba, Japan

Inhalt
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.