Estimating the economic impacts of public spending in a sub-region: An econometric approach

Autor: John Walshu, Richard Dusansky, Melvin Ingber
Rok vydání: 1981
Předmět:
Zdroj: Socio-Economic Planning Sciences. 15:255-262
ISSN: 0038-0121
DOI: 10.1016/0038-0121(81)90046-x
Popis: Expenditures on a public institution represent not only a cost to the taxpayer but an economic benefit to the region in which it is located. The economic impact on a region's income is here calculated through an econometric model and associated multipliers. The impact on government income tax recepits is similarly calculated. The tax revenues are also used in determining the net cost of operation of the institution. These calculations are performed for the expenditures associated with the new State University Hospital at Stony Brook, N.Y. located in the region formed by Nassau and Suffolk Countries. The regional income multiplier is found to be 1.64.
Databáze: OpenAIRE