The Measurement of the Economic Benefits of Infrastructure Services

  • Walter E. Diewert

Part of the Lecture Notes in Economics and Mathematical Systems book series (LNE, volume 278)

Table of contents

  1. Front Matter
    Pages N2-v
  2. Walter E. Diewert
    Pages 1-8
  3. Walter E. Diewert
    Pages 8-15
  4. Walter E. Diewert
    Pages 30-41
  5. Walter E. Diewert
    Pages 41-70
  6. Walter E. Diewert
    Pages 70-80
  7. Walter E. Diewert
    Pages 128-130
  8. Back Matter
    Pages 131-205

About this book

Introduction

This research was supported by the World Bank and the Social Sciences and Humanities R~search Council of Canada. Neither institution is responsible for the views expressed in this paper. The author is indebted to V. Corbo, A. Haymer, Y. Kanemoto, K. Lee, K. Mera, Hal Varian and A. Walters for helpful comments and to Elizabeth Lambert, Shehnaz Motani', and Jeanette Leigh Paisley for excellent typing services. I would like to dedicate this book to my wife, Virginia. TABLE OF CONTENTS 1. Introduction . . . •. . ••. . •. ••. •••. . . . •. . . . . •. •. . . •. . . •. •. •. . •. . . •. ••. • 2. A Simple Producer Benefit Measure . . ••. •••. ••••. •••••••••••. ••••••. • 8 3. Willingness to P~v Functions and Marginal Cost Functions ••••••••••• 15 4. Approximate Benefit Measures 30 5. Problems with the Producer Benefit Measure ••••••••••••• ! ••••••••••• 41 5. 1. Static versus Dynamic Benefit Measures ••••••••••••••••••• 41 5. 2. The Problem of Endogenous Prices for Local Goons ••••••••• 48 5. 3. The Neglect of Consumer Benefits' ••••••••••••••••••••••••• 56 6. Alternative Approaches to Benefit Measurement •••••••••••••••••••••• 70 6. 1. The Questionnaire or Sample Survey Approach •••••••••••••• 70 6. 2. Ex Post Accounting Approaches •••••••••••••••••••••••••••• 72 6. 3. Engineering and Mathematical Programming Approaches •••••• 74 6. 4. The Applied General Equilibrium Modelling Approach ~ •••••• 75 6. 5. The Differential Approach •••••••••••••••••••••••••••••••• 77 6. 6. The Econometric Approach . . •••••••••. •. ••••••. •••••••••. •• 79 7.

Keywords

accounting consumer econometrics equilibrium general equilibrium infrastructure labour mathematical programming modeling optimization research science and technology service time series value-at-risk

Authors and affiliations

  • Walter E. Diewert
    • 1
  1. 1.Department of EconomicsUniversity of British ColumbiaVancouverCanada

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-642-51022-9
  • Copyright Information Springer-Verlag Berlin Heidelberg 1986
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Springer Book Archive
  • Print ISBN 978-3-540-16810-2
  • Online ISBN 978-3-642-51022-9
  • Series Print ISSN 0075-8442
  • About this book