Economic Effects of Public Investment

1. Definition of Economic Effects, Necessity of Measurement, Prototype Model, and Externalities
Hirotada Kohno

2. Time-Saved Evaluation and Social Discount Rate
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3. Perfect Transfer Theory of Indirect Economic Effects Formation: Based on the Generation Base vs. Incidence Base
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4. Independent Existence Theory Forming Indirect Effects and Its Three Examples: Congestion Easing, Scale Enlargement of Factory·Warehouse, and Marshallian External Economies
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5. Formation Process of Marshallian External Economies: Number 3—Technological and Marketable Propagation/Diffusion of the “Technological External Economies”
Hirotada Kohno

6. Social Costs and the Measurement
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7. Measurement of Evaluation Rate of Public Pollution (Noise)
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8. Criteria of Benefits Valuation—Remained vs. Transferred, and Generation Base vs. Incidence Base
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9. Verification of Independent Existence Theory Depended on the Market Equilibrium Model: Based on the Great Discrepancy of the Benefits in Generation Base vs. the Benefits in Incidence Base
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10. Generalization of Technological Propagation/Diffusion Externalities Based on the General Equilibrium Model of Formation Process of Marshallian External Economies: Number 4
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11. Closing Paragraphs—On the Occasion of Closing This Volume: Economic Effects Theory and Measurement
Hirotada Kohno

Keywords: Economics, Regional/Spatial Science, Economic Policy, Social Policy