Abstract
As aforementioned, on the occasion of closing this volume of the Economic Effects of Public Investment, let me say a few words. Looking back through all the Chap. 1, 2, 3, 4, 5, 6, 7, 8, 9 and 10, I am fully or in some sense satisfied, for so far there has been no chance of putting my thoughts together systematically in such a style that is different from the series, New Frontiers in Regional Science: Asian Perspectives, volume 2: : Using an Interregional Input–Output Programming Model [14], for which the chance to write a survey paper has occurred two or three times. So, until having finished, I cannot expect to cover all the details of Volume 1.
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Notes
- 1.
Once, when we explained the public investment criteria of the Asian Expressway Network using terms such as ‘pecuniary external economies’ in Washington, 30 years ago more or less ago, some elderly high official said at the meeting that “Oh! Pecuniary,” he thought fondly of “pecuniary external economies,” which he heard after a long time.
Judging from the situation, it seemed that in the time when he and his colleagues were in graduate school, the term of pecuniary external economies was on everybody’s lips, at least in a specific field. So, I recollect that this was a thoughtful page.
- 2.
(logic) Ronten Senshu < Medieval Latin>, Kenkyusha’s New English-Japanese Dictionary, fifth edition, p. 1580, right column, middle.
- 3.
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Kohno, H. (2016). Closing Paragraphs—On the Occasion of Closing This Volume: Economic Effects Theory and Measurement. 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_11
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