Measuring Local and Group Benefit from Subsidized (Public) Subsidy
Thesis/Dissertation Embargo Procedures
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.
This paper has been withdrawn.