Document Type

Article

Journal/Book Title/Conference

Economic Research Institute Study paper

Publisher

Utah State University

Publication Date

12-1-1985

Rights

Copyright for this work is held by the author. Transmission or reproduction of materials protected by copyright beyond that allowed by fair use requires the written permission of the copyright owners. Works not in the public domain cannot be commercially exploited without permission of the copyright owner. Responsibility for any use rests exclusively with the user. For more information contact the Institutional Repository Librarian at digitalcommons@usu.edu.

First Page

1

Last Page

10

Abstract

It is convenient to divide publicly supported investments into those having primarily productivity enhancement goals and those that have welfare (consumption) goals. By and large, "production" type projects are the main target of feasibility analysis. This is primarily due to the fact that production projects by definition can gwenerate measurable benefits and maybe partially to the fact that the more a project appears to create a public good (generate wholly consumptive [ion] benefits) the less concern the general taxpayer has about the incidence of subsidy.

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