Abstract
Here, the criteria of valuation of direct effects and indirect effects are argued, with the theories of technological external economies and pecuniary (monetary) external economies as among the bases. [8] (1952) of J.E. Meade, and [10] (1954) of T. Scitovesky are those.
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Notes
- 1.
The first analysis of transferred benefits of DB is, as far as we know, developed in Mohring and Harwitz [9] (1962) (pp. 12–13). We have studied them in Chap. 3, putting emphasis on the transferring and attenuating process of the effects in generation base initially generated, which is termed “transferred indirect effects” or “transferred direct effects.”
- 2.
References
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Kohno, H. (2016). Criteria of Benefits Valuation—Remained vs. Transferred, and Generation Base vs. Incidence Base. In: Economic Effects of Public Investment. New Frontiers in Regional Science: Asian Perspectives, vol 1. Springer, Tokyo. https://doi.org/10.1007/978-4-431-55224-6_8
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DOI: https://doi.org/10.1007/978-4-431-55224-6_8
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