The Welfare Economics of Public Policy: A Practical Approach to Project and Policy Evaluation

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Edward Elgar, Jan 1, 2005 - Business & Economics - 688 pages
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'For the record, I am one of the people who requested that the authors revise and re-issue their textbook. It is an extremely valuable book for applied economists; as with the previous edition, I will use it extensively in two of my courses and consult it frequently in my own research endeavors.' - Richard Adams, Oregon State University, US 'The original book is very well known in our profession and is still used in many classes. It will be wonderful to have a revised edition of this classic book.' - Colin Carter, University of California, Davis, US This outstanding text, a follow-up to the authors' award-winning 1982 text, provides a thorough treatment of economic welfare theory and develops a complete theoretical and empirical framework for applied project and policy evaluation. the authors illustrate how this theory can be used to develop policy analysis from both theory and estimation in a variety of areas including: international trade, the economics of technological change, agricultural economics, the economics of information, environmental economics, and the economics of extractive and renewable natural resources.

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