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Advances in Public Economics, Hardback Book

Advances in Public Economics Hardback

Edited by Robin W. Boadway, B. Raj

Part of the Studies in Empirical Economics series


Thisbookisacollectionofeightpapersthatwerepublished in aspecial symposium issueofEmpirical Economicsdur- ing 1999.

These papers cover several areasofinterest in contemporary public economics, including tax incidence, underground economy, welfare system, fiscal federalism, public infrastructure and the growth of government.

The contributionsutilizeavarietyofquantitativetoolsofanaly- sis,includingappliedeconometrics,appliedgeneralequilib- rium modeling analysis, technical efficiency analysis and institutional analysis.

The introductory essay in the book summarizes the contributionsofapplied public economics papers inthisbookandplacesthem inabroadercontextof modempublicfinanceeconomictheory.Theobjectiveofthe bookistomaketheseessaysavailableinaconvenientform toscholarsandstudentsengaged inresearchonpublic pol- icytopicsaswell astoinstructorsofcoursesinpubliceco- nomics, both undergraduate and graduate.

A briefmotiva- tionforthebookisgivenbelow. Thestudyofpubliceconomicshasexperiencedanumber of dramatic changes during the past two decades.

These changes have revolutionized, in a fundamental way, the subjectofpublic economics. This is due largely to several majordevelopments ineconomictheory,includingtheroles ofinformation theory and game theory along with its de- rivative theories, such as designofinstitutions as well as inter-temporal analysis.

These economic theory develop- ments have altered in a fundamental way the way econo- mists and policy analysts perceive the roleofgovernment.

Alsothesedevelopmentshavecalledintoquestiontheabil- ityofgovernmentstocarryoutsomeofitstraditionaltasks, particularly the efficient design of redistribution and tax systems.

The theoretical research in public economics has contributedtothedevelopmentofnew instrumentsand ap- proaches to tackle problemsofeconomic policy in a more effectivemanner.Giventhattheevaluationofpolicyoptions requiresasoundunderstandingofboththenatureandmag- nitudeofeconomic,behaviouralandinstitutionalconstraints Preface VI thatarefaced bygovernments,there isaneedforempirical analysisofunderlyingpolicyquestionsandissues.

Thiscollectionofessays on empirical finance indicates thatempiricalassessmentispossibleusingarichanddiverse setofempirical approaches. The various papers exemplify someofthevarioustechniquesthatcan beused byapplied researchersforsheddinglightonthequestionsofinterestin appliedpublicfinanceanditsapplications.


  • Format: Hardback
  • Pages: 171 pages, 42 Tables, black and white; VIII, 171 p.
  • Publisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. K
  • Publication Date:
  • Category: Political economy
  • ISBN: 9783790812831

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