We present a dynamic two-region model with overlapping generations. There are two types of productive public expenditure, education and infrastructure funding, and governments decide optimally on budget size (tax rate) and its allocation across the two outlays. Productivity of government infrastructure spending can differ across regions. This assumption follows well established empirical eviden...

This paper analyzes the fiscal and land value impacts of public open-­‐space conservation in a budget-­‐constrained city. It derives the necessary and sufficient conditions for open-­‐space conservation to increase the level of municipal services and the total land value within the ...

The potential of the internet has been recognised to enhance government initiated citizen communication. Despite limited experience so far, some lessons for designing online-participation have been learned: Ensuring the external and internal relevance of online consultation processes seems crucial. Some measurements to ensure the external and internal relevance will be set out in a description ...

OBJECTIVES To describe changes in the organizational structure of state health-related departments/agencies between 1990 and 2009; to identify factors associated with key organizational structures; and to investigate their relationship with different resource allocations across health policy areas, as represented by state budgets. DESIGN Original data collection on the organization of state h...

I put forward a new theoretical framework to analyze the relationship between soft budget constraint syndrome and the economic performances of firms. It differs from the existing theoretical framework, à la Dewatripont and Maskin (1995), in the soft budget constraint literature. In this paper, soft budget constraint syndrome arises when firms that are expected to lose money are financed. The pa...

The problem of optimizing fund allocation in the public sector through performance based budgeting is a complex process. This paper considered only a very small part of this process, namely the final allocation of public funds through goal programming technique. While analyzing the last nine years of budget data in an R&D organization, it is inferred that there is wide gap between fund utilizat...

On November 5, 1990, the President signed into law House Resolution 5835, the Omnibus Budget Reconciliation Act (OBRA) of 1990 (Public Law 101-508). Following are summaries of the Medicare and Medicaid provisions.

Public debt and budget deficits arouse great concern. Households, financiers, and social scientists expend great energy on this topic. While there are many dimensions to the problem, I would tend to organize my thoughts around three main questions. First, there is definition and measurement. What are the constituents of the deficit? Issues such as contingent liabilities, unfunded liabilities, c...

the main purpose of this paper is to develop an effective and efficient promotion mix model and determine the share and value of each of the underlying variables in the promotion mix in accordance with the marketing and promotional goals and strategies of a firm. the review of earlier studies indicate that the promotion mix components such as competitor’s advertisement, public relation budget, ...