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Return on Investments for Community Infrastructure Projects? A Foundation for Rural Development Strategy

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  • Amanor-Boadu, Vincent
  • Burns, Michael

Abstract

With decreasing populations and declining resources, rural governments are finding it challenging determining how to make investments in their infrastructure. This paper defines the problem confronting rural governments and develops a process for making infrastructure decisions to maximize community welfare.

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File URL: http://purl.umn.edu/6738
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Bibliographic Info

Paper provided by Southern Agricultural Economics Association in its series 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas with number 6738.

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Date of creation: 2008
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Handle: RePEc:ags:saeaed:6738

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Related research

Keywords: Infrastructure; Public Goods; Rural Development; Social Welfare Economics; Community/Rural/Urban Development; Public Economics;

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  1. Mitchell Polinsky, A. & Shavell, Steven, 1976. "Amenities and property values in a model of an urban area," Journal of Public Economics, Elsevier, vol. 5(1-2), pages 119-129.
  2. Yoshitsugu Kanemoto, 1985. "Hedonic Prices and the Benefits of Public Projects," Working Papers 617, Queen's University, Department of Economics.
  3. Paul R. Portney, 1994. "The Contingent Valuation Debate: Why Economists Should Care," Journal of Economic Perspectives, American Economic Association, vol. 8(4), pages 3-17, Fall.
  4. Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
  5. Myrick Freeman, A. III, 1974. "On estimating air pollution control benefits from land value studies," Journal of Environmental Economics and Management, Elsevier, vol. 1(1), pages 74-83, May.
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