Download or read book A New Approach to Analyze Grants Economy written by P. S. K. Murty and published by . This book was released on 1993 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents a new approach to analyze the Grants Economy using a Grant Originating formula (GO for short) to calculate the net flows by sectors.
Download or read book A New Approach to Analyze Public Sector Grants written by P. S. K. Murty and published by . This book was released on 1993 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this paper is to add a new perspective to the analysis of public grants by examining the Canadian data on a net outflows basis between the donor and donee sectors of the economy. Gross public grant outflows to any sector of the economy should be netted against the grant inflows from the same donnee sector before evaluating and commenting on the gross public grant outflows. The net grant outflow calcultated in this manner for any sector of the economy can also be called "Grant Originating " (GO).
Download or read book A System of Grant Accounts written by P. S. Krishna Murty and published by . This book was released on 1993 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents a preliminary manual for "A System of Grant Accounts", so that, if the system is implemented by statistical agencies, a reliable database on grant transactions can be developed and made available through official publications for economic analysis. The manual outlines the System of Grant Accounts (SGA for short) and covers concepts, classification, a framewok and procedures needed to compile grants data at the macro level for the four main sectors of the economy (i.e., Persons, Business, Government and Non-Residents) and summarizes the sectoral transactions into a set of nine standard analytical tables. These tables are aimed at producing sectoral grants data showing the gross and net flows for both domestic and international transactions of the economy. They will help to answer crucial questions such as who is giving grants, who is receiving them, and what is the net outflow from the donors to the donees. The manual also introduces a new approach of analyzing grant net flows by a Grant Originating formula (GO for short) and applies it to the four sector model. The four sector model used here is the same as the one used in the System of National Accounts, so that consistency in the sectoral data can be maintained between the exchange economy measured in the System of National Accounts (SNA) and grants economy measured in the System of Grant Accounts (SGA). The two systems are complementary to each other and they represent the total macro-economic analytical framework by providing vital statistical information to researchers regarding exchange economy on the one hand in the SNA and about the grants economy on the other hand in the SGA. The availability of database for the total economy as well as for the grants economy within a constant sectoral framework will enable researchers to focus more attention to the grants and their analysis. The database will also be useful to the policy makers to evaluate the effectiveness of the income redistribution transactions in the economy
Download or read book A System of Grant Accounts written by P. S. Krishna Murty and published by . This book was released on 1993 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Impact of Grant Funding on Economic Growth in Ohio written by Eric Wilken and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic growth is often not distributed uniformly across a country or state. This provides obligation to governments to provide assistance, such as grants, to reduce economic inequality between subregions. This thesis investigates how the allocation of Ohio state grant funding impacts economic development between counties. Data were retrieved from archival data sets available between the years 2010 through 2014. The data were analyzed to consider the spatial interaction between counties as the economic activity within cities can impact the economic activity in surrounding rural areas (Henry & Drabenstott, 1996). First, an OLS regression was conducted for each year of data and analyzed to determine if spatial autocorrelation was present. Then, spatial effects were captured by conducting regressions utilizing the spatial error model, the spatial lag model, and the spatial Durbin model. The spatial models and OLS model were compared using their AIC and BIC values. The results suggest spatial regression was not preferred to OLS in modeling the impact of grant funding, in the years 2010 through 2014. Additionally, according to our model, grant funding over the 5-year period had a small and statistically non-significant impact on overall economic activity in Ohio. However, the results also indicate spatial regression will likely continue to become more important in the analysis of grant funding due to both the theoretical implications and the presence of growing spatial economic inequality. This study opens several avenues for future research such as the substitution of the one-year and 5-year growth rates of real GDP per capita for the dependent variable and investigating the trend of spatial autocorrelation in years after 2014.
Download or read book Imperfect Knowledge Economics written by Roman Frydman and published by Princeton University Press. This book was released on 2023-09-26 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Posing a major challenge to economic orthodoxy, Imperfect Knowledge Economics asserts that exact models of purposeful human behavior are beyond the reach of economic analysis. Roman Frydman and Michael Goldberg argue that the longstanding empirical failures of conventional economic models stem from their futile efforts to make exact predictions about the consequences of rational, self-interested behavior. Such predictions, based on mechanistic models of human behavior, disregard the importance of individual creativity and unforeseeable sociopolitical change. Scientific though these explanations may appear, they usually fail to predict how markets behave. And, the authors contend, recent behavioral models of the market are no less mechanistic than their conventional counterparts: they aim to generate exact predictions of "irrational" human behavior. Frydman and Goldberg offer a long-overdue response to the shortcomings of conventional economic models. Drawing attention to the inherent limits of economists' knowledge, they introduce a new approach to economic analysis: Imperfect Knowledge Economics (IKE). IKE rejects exact quantitative predictions of individual decisions and market outcomes in favor of mathematical models that generate only qualitative predictions of economic change. Using the foreign exchange market as a testing ground for IKE, this book sheds new light on exchange-rate and risk-premium movements, which have confounded conventional models for decades. Offering a fresh way to think about markets and representing a potential turning point in economics, Imperfect Knowledge Economics will be essential reading for economists, policymakers, and professional investors.
Download or read book Demystifying Grant Seeking written by Larissa Golden Brown and published by Jossey-Bass. This book was released on 2001-09-18 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Goes beyond writing grant proposals to building an effective grant-seeking process.
Download or read book Funding a Revolution written by National Research Council and published by National Academies Press. This book was released on 1999-02-11 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past 50 years have witnessed a revolution in computing and related communications technologies. The contributions of industry and university researchers to this revolution are manifest; less widely recognized is the major role the federal government played in launching the computing revolution and sustaining its momentum. Funding a Revolution examines the history of computing since World War II to elucidate the federal government's role in funding computing research, supporting the education of computer scientists and engineers, and equipping university research labs. It reviews the economic rationale for government support of research, characterizes federal support for computing research, and summarizes key historical advances in which government-sponsored research played an important role. Funding a Revolution contains a series of case studies in relational databases, the Internet, theoretical computer science, artificial intelligence, and virtual reality that demonstrate the complex interactions among government, universities, and industry that have driven the field. It offers a series of lessons that identify factors contributing to the success of the nation's computing enterprise and the government's role within it.
Download or read book The Joyless Economy The Psychology of Human Satisfaction written by Tibor Scitovsky Professor Emeritus in Economics Stanford University and published by Oxford University Press, USA. This book was released on 1992-02-11 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1976, this work attempted to establish the legitimacy of understanding economic behaviour in psychological terms. This revised edition stresses the fact that economic abundance does not necessarily lead to satisfaction, and includes new material on contemporary applications.
Download or read book On the Need for a New Approach to Analyzing Monetary Policy written by Andrew Atkeson and published by . This book was released on 2008 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: We present a pricing kernel that summarizes well the main features of the dynamics of interest rates and risk in postwar U.S. data and use it to uncover how the pricing kernel has moved with the short rate in this data. Our findings imply that standard monetary models miss an essential link between the central bank instrument and the economic activity that monetary policy is intended to affect and thus we call for a new approach to monetary policy analysis. We sketch a new approach using an economic model based on our pricing kernel. The model incorporates the key relationships between policy and risk movements in an unconventional way: the central bank's policy changes are viewed as primarily intended to compensate for exogenous business cycle fluctuations in risk which threaten to push inflation off target. This model, while an improvement on standard models, is considered just a starting point for their revision. It leads to critical questions that researchers need to answer as they continue to revise their approach to monetary policy analysis.
Download or read book Creating a Learning Society written by Joseph E. Stiglitz and published by Columbia University Press. This book was released on 2015-10-06 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: “A superb new understanding of the dynamic economy as a learning society, one that goes well beyond the usual treatment of education, training, and R&D.”—Robert Kuttner, author of The Stakes: 2020 and the Survival of American Democracy Since its publication Creating a Learning Society has served as an effective tool for those who advocate government policies to advance science and technology. It shows persuasively how enormous increases in our standard of living have been the result of learning how to learn, and it explains how advanced and developing countries alike can model a new learning economy on this example. Creating a Learning Society: Reader’s Edition uses accessible language to focus on the work’s central message and policy prescriptions. As the book makes clear, creating a learning society requires good governmental policy in trade, industry, intellectual property, and other important areas. The text’s central thesis—that every policy affects learning—is critical for governments unaware of the innovative ways they can propel their economies forward. “Profound and dazzling. In their new book, Joseph E. Stiglitz and Bruce C. Greenwald study the human wish to learn and our ability to learn and so uncover the processes that relate the institutions we devise and the accompanying processes that drive the production, dissemination, and use of knowledge . . . This is social science at its best.”—Partha Dasgupta, University of Cambridge “An impressive tour de force, from the theory of the firm all the way to long-term development, guided by the focus on knowledge and learning . . . This is an ambitious book with far-reaching policy implications.”—Giovanni Dosi, director, Institute of Economics, Scuola Superiore Sant’Anna “[A] sweeping work of macroeconomic theory.”—Harvard Business Review
Download or read book Improving Urban Access written by Elliott D. Sclar and published by Routledge. This book was released on 2016-03-31 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: By 2050, two-thirds of the world’s population will live in cities. To thrive, they will need efficient and sustainable forms of transport, but to achieve this, the financial incentives guiding urban transport operation must change – and change rapidly. Urban transport plays a critical role in determining the social, environmental and economic shape of cities. Improving Urban Access: New Approaches to Funding Transport Investment provide innovative ideas on how we might reorganize transport finance to ensure that it is suited to serving the social, environmental and economic principles that must guide future urban living. Continuing the work begun by its predecessor, Urban Access for the 21st Century, the authors assess the complexity of implementing new finance approaches and suggest ways to make positive and radical changes. Although the range of revenue raising options remain limited to users, indirect beneficiaries, and the general public, these can be recast to transform the way transport is paid for and therefore how its services are delivered. New finance models only succeed when they are intrinsically linked to the economic, social, cultural and political forces that create urban life. Together these volumes provide a starting point for the deeper research and policy design needed to successfully create urban transport finance systems that can address the challenges that 21st century cities present.
Download or read book Capitalism written by Anwar Shaikh and published by Oxford University Press. This book was released on 2016-01-15 with total page 1019 pages. Available in PDF, EPUB and Kindle. Book excerpt: Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act to bring about supposedly optimal outcomes. The discrepancies between this model and the reality it claims to address are then attributed to particular imperfections in reality itself. Most heterodox economists seize on this fact and insist that the world is characterized by imperfect competition. But this only ties them to the notion of perfect competition, which remains as their point of departure and base of comparison. There is no imperfection without perfection. In Capitalism, Anwar Shaikh takes a different approach. He demonstrates that most of the central propositions of economic analysis can be derived without any reference to standard devices such as hyperrationality, optimization, perfect competition, perfect information, representative agents, or so-called rational expectations. This perspective allows him to look afresh at virtually all the elements of economic analysis: the laws of demand and supply, the determination of wage and profit rates, technological change, relative prices, interest rates, bond and equity prices, exchange rates, terms and balance of trade, growth, unemployment, inflation, and long booms culminating in recurrent general crises. In every case, Shaikh's innovative theory is applied to modern empirical patterns and contrasted with neoclassical, Keynesian, and Post-Keynesian approaches to the same issues. Shaikh's object of analysis is the economics of capitalism, and he explores the subject in this expansive light. This is how the classical economists, as well as Keynes and Kalecki, approached the issue. Anyone interested in capitalism and economics in general can gain a wealth of knowledge from this ground-breaking text.
Download or read book Economic Analysis and Infrastructure Investment written by Edward L. Glaeser and published by University of Chicago Press. This book was released on 2021-11-11 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Policy-makers often call for expanding public spending on infrastructure, which includes a broad range of investments from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to near-term macro-economic benefits and job creation, others focus on long-term effects on productivity and economic growth. This volume explores the links between infrastructure spending and economic outcomes, as well as key economic issues in the funding and management of infrastructure projects. It draws together research studies that describe the short-run stimulus effects of infrastructure spending, develop new estimates of the stock of U.S. infrastructure capital, and explore the incentive aspects of public-private partnerships (PPPs). A salient issue is the treatment of risk in evaluating publicly-funded infrastructure projects and in connection with PPPs. The goal of the volume is to provide a reference for researchers seeking to expand research on infrastructure issues, and for policy-makers tasked with determining the appropriate level of infrastructure spending"--
Download or read book Outcome Funding written by Harold S. Williams and published by Rensselaerville Inst. This book was released on 1996 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: At all of its levels, a primary function of government is to give out money. Government "funds" many groups to carry out public purposes. This book presents a new approach which shifts funding to investment. It replaces the traditional "Request for proposal" process with a sharp focus on key investor questions: "What are we buying?" & "What is the probability we will get it?" OUTCOME FUNDING asks grant-seekers to define their customers, their product & their performance target. The long proposal becomes a short plan as government (as well as foundations & other donors) seek to make their money work as hard as do their people. A key gain to grant-seekers; they no longer have to write one long document to get money & another to spend it. The framework presented has been tested in a number of states & local governments throughout the US. Authors are Harold S. Williams, President of The Rensselaerville Institute, Arthur Y. Webb, President & Chief Executive Officer of the Village Care of NY & William J. Phillips, Vice President & Chief Operating Officer of Programs & Products at The Rensselaerville Institute. Web site is: www.tricampus.org.
Download or read book Outcome Funding written by Harold S. Williams and published by . This book was released on 1992 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Analysis of Social Issues written by Alan Grant and published by Prentice Hall. This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: NOTE: You are purchasing a standalone product; MyEconLab does not come packaged with this content. If you would like to purchase both the physical text and MyEconLab search for 0134098374 / 9780134098371 Economic Analysis of Social Issues Plus MyEconLab with Pearson eText (1-Semester Access) -- Access Card Package, 1/e Package consists of: 0133023036 / 9780133023039 Economic Analysis of Social Issues, 1e 0134088603 / 9780134088600 MyEconLab with Pearson eText (1-Semester Access) -- Access Card MyEconLab should only be purchased when required by an instructor. Introductory one-semester course for freshman or sophomore non-majors without a background in economics. Real-world data analysis, games, and economic experiments for socially engaged readers Economic Analysis of Social Issues provides readers with a modern analytical approach to economics based on the tools of game theory. Readers who are passionate about contemporary social problems are given an analytical framework to discuss problems like pollution, health care, and the depletion of natural resources. Using fun, simple tools of game theory, readers discover that ultimately, these problems have similar origins. Readers will leave the course with a solid grasp of strategic behavior and understand how such behavior, exercised in the pursuit of individual incentives, can lead to poor collective outcomes. A user-friendly, conversational writing style infused with analytical rigor makes the text approachable and easy to read. Economic experiments and games not found in any other text about the subject, along with real-time data analysis exercises allow readers to learn by doing. This approach teaches readers to analyze social problems, rather than memorize facts that will soon become dated or irrelevant. Also available with MyEconLab(R) MyEconLab is an online homework, tutorial, and assessment program designed to work with this text to engage students and improve results. Students practice what they learn, test their understanding, and pursue a personalized study plan that helps them better absorb course material and understand difficult concepts. MyEconLab allows you to engage your students in the course material before, during, and after class with a variety of activities and assessments.
