Can I read Applied Welfare Economics: Cost-benefit analysis for project and policy evaluation : Cost-Benefit Analysis of Projects and Policies on EtoBox?

Applied Welfare Economics: Cost-benefit analysis for project and policy evaluation : Cost-Benefit Analysis of Projects and Policies by Massimo Florio is a nonfiction available to read on EtoBox.

What is Applied Welfare Economics: Cost-benefit analysis for project and policy evaluation : Cost-Benefit Analysis of Projects and Policies about?

What is the effect of a new infrastructure on the well-being of a local community? Is a tax reform desirable? Does the privatization of a telecommunication provider increase social welfare? To answer these questions governments and their policy advisors should have in mind an operative definition of social welfare, and cannot rely on simple official statistics, such as GDP. The price we observe are often misleading as welfare signals, and costs and benefits for the society should be based on 'shadow prices', revealing the social opportunity costs of goods and of changes of the world. This book explains how to apply these welfare economics ideas to the real world. After a theoretical discussion of the concept of social welfare, a critical analysis of the traditional doctrine of welfare economics embodied in the Two Fundamental Theorems, and a presentation of social cost-benefit analysis, the book introduce the readers to an applied framework. This includes the empirical estimation of shadow prices of goods, of the social cost of labour and capital, the assessment of risk. This book also includes the state of the art of international experience with CBA, including ex-post evaluation

Who reads Applied Welfare Economics: Cost-benefit analysis for project and policy evaluation : Cost-Benefit Analysis of Projects and Policies?

Author

Massimo Florio

Publisher

Routledge, Taylor & Francis Group

Published

2014

Language

EN

ISBN

9781306418829

Category

nonfiction

Subjects

Economics, Management, Finance