Distributional Weights in Cost-Benefit Analysis—Should We Forget about Them?
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Slemrod, Joel & Yitzhaki, Shlomo, 2001.
"Integrating Expenditure and Tax Decisions: The Marginal Cost of Funds and the Marginal Benefit of Projects,"
National Tax Journal, National Tax Association;National Tax Journal, vol. 54(2), pages 189-202, June.
- Joel Slemrod & Shlomo Yitzhaki, 2001. "Integrating Expenditure and Tax Decisions: The Marginal Cost of Funds and the Marginal Benefit of Projects," NBER Working Papers 8196, National Bureau of Economic Research, Inc.
- Frank, Robert H, 2000. "Why Is Cost-Benefit Analysis So Controversial?," The Journal of Legal Studies, University of Chicago Press, vol. 29(2), pages 913-930, June.
- Bromley, Daniel W., 1990. "The ideology of efficiency: Searching for a theory of policy analysis," Journal of Environmental Economics and Management, Elsevier, vol. 19(1), pages 86-107, July.
- Usher, Dan, 2001.
"Personal goods, efficiency and the law,"
European Journal of Political Economy, Elsevier, vol. 17(4), pages 673-703, November.
- Dan Usher, 1999. "Personal Goods, Efficiency And The Law," Working Paper 985, Economics Department, Queen's University.
- Harberger, Arnold C, 1978.
"On the Use of Distributional Weights in Social Cost-Benefit Analysis,"
Journal of Political Economy, University of Chicago Press, vol. 86(2), pages 87-120, April.
- Arnold C. Harberger, 1978. "On the Use of Distributional Weights in Social Cost-Benefit Analysis," NBER Chapters, in: Research in Taxation, pages 87-120, National Bureau of Economic Research, Inc.
- Sandmo, Agnar, 1998.
"Redistribution and the marginal cost of public funds,"
Journal of Public Economics, Elsevier, vol. 70(3), pages 365-382, December.
- Sandmo, A., 1997. "Redistribution and the marginal Cost of Public Funds," Papers 8/97, Norwegian School of Economics and Business Administration-.
- Diamond, P. A., 1975.
"A many-person Ramsey tax rule,"
Journal of Public Economics, Elsevier, vol. 4(4), pages 335-342, November.
- P. A. Diamond, 1975. "A Many-Person Ramsey Tax Rule," Working papers 146, Massachusetts Institute of Technology (MIT), Department of Economics.
- Diamond, Peter A & Mirrlees, James A, 1971. "Optimal Taxation and Public Production: I--Production Efficiency," American Economic Review, American Economic Association, vol. 61(1), pages 8-27, March.
- Sanchirico, Chris William, 2000. "Taxes versus Legal Rules as Instruments for Equity: A More Equitable View," The Journal of Legal Studies, University of Chicago Press, vol. 29(2), pages 797-820, June.
- Sandmo, Agnar, 1998.
"Redistribution and the marginal cost of public funds,"
Journal of Public Economics, Elsevier, vol. 70(3), pages 365-382, December.
- Sandmo, A., 1997. "Redistribution and the marginal Cost of Public Funds," Papers 8/97, Norwegian School of Economics and Business Administration-.
- Agnar Sandmo, 1997. "Redistribution and the Marginal Cost of Public Funds," CESifo Working Paper Series 142, CESifo.
- Dasgupta, Partha, 1998. "Population, consumption and resources: Ethical issues," Ecological Economics, Elsevier, vol. 24(2-3), pages 139-152, February.
- Christiansen, Vidar & Jansen, Eilev S., 1978. "Implicit social preferences in the Norwegian system of indirect taxation," Journal of Public Economics, Elsevier, vol. 10(2), pages 217-245, October.
- Olof Johansson-Stenman, 1998. "On the problematic link between fundamental ethics and economic policy recommendations," Journal of Economic Methodology, Taylor & Francis Journals, vol. 5(2), pages 263-297.
- J. A. Mirrlees, 1971. "An Exploration in the Theory of Optimum Income Taxation," Review of Economic Studies, Oxford University Press, vol. 38(2), pages 175-208.
- Kaplow, Louis & Shavell, Steven, 1994. "Why the Legal System Is Less Efficient Than the Income Tax in Redistributing Income," The Journal of Legal Studies, University of Chicago Press, vol. 23(2), pages 667-681, June.
- Ng, Yew-Kwang, 2000.
"The Optimal Size of Public Spending and the Distortionary Cost of Taxation,"
National Tax Journal, National Tax Association;National Tax Journal, vol. 53(2), pages 253-272, June.
- Yew-Kwang Ng, 2000. "The Optimal Size of Public Spending and the Distortionary Cost of Taxation," Monash Economics Working Papers archive-19, Monash University, Department of Economics.
- Hylland, Aanund & Zeckhauser, Richard, 1979. " Distributional Objectives Should Affect Taxes but not Program Choice or Design," Scandinavian Journal of Economics, Wiley Blackwell, vol. 81(2), pages 264-284.
- Yitzhaki, Shlomo, 2003. "Cost-Benefit Analysis and the Distributional Consequences of Government Projects," National Tax Journal, National Tax Association;National Tax Journal, vol. 56(2), pages 319-336, June.
- Olivier Jean Blanchard & Stanley Fischer, 1989. "Lectures on Macroeconomics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262022834, September.
- Diamond, Peter A & Mirrlees, James A, 1971. "Optimal Taxation and Public Production II: Tax Rules," American Economic Review, American Economic Association, vol. 61(3), pages 261-278, June.
- Dahlby, Bev, 1998. "Progressive taxation and the social marginal cost of public funds," Journal of Public Economics, Elsevier, vol. 67(1), pages 105-122, January.
- Olof Johansson-Stenman & Fredrik Carlsson & Dinky Daruvala, 2002. "Measuring Future Grandparents" Preferences for Equality and Relative Standing," Economic Journal, Royal Economic Society, vol. 112(479), pages 362-383, April.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Anthoff, David & Hepburn, Cameron & Tol, Richard S.J., 2009.
"Equity weighting and the marginal damage costs of climate change,"
Ecological Economics, Elsevier, vol. 68(3), pages 836-849, January.
- David Anthoff & Cameron Hepburn & Richard S.J. Tol, 2006. "Equity weighting and the marginal damage costs of climate change," Working Papers FNU-121, Research unit Sustainability and Global Change, Hamburg University, revised Dec 2006.
- Anthoff, David & Hepburn, Cameron & Tol, Richard S.J., 2007. "Equity Weighting and the Marginal Damage Costs of Climate Change," Climate Change Modelling and Policy Working Papers 9325, Fondazione Eni Enrico Mattei (FEEM).
- David Anthoff & Cameron Hepburn & Richard S.J. Tol, 2007. "Equity Weighting and the Marginal Damage Costs of Climate Change," Working Papers 2007.43, Fondazione Eni Enrico Mattei.
- Athanasios Kampas & Richard Horan, 2016. "Second-best pollution taxes: revisited and revised," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 18(4), pages 577-597, October.
- Rintaro Yamaguchi, 2019. "Intergenerational Discounting with Intragenerational Inequality in Consumption and the Environment," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 73(4), pages 957-972, August.
- Adler, Matthew & Treich, Nicolas, 2014. "Consumption, Risk and Prioritarianism," TSE Working Papers 14-500, Toulouse School of Economics (TSE).
- Lea S. Svenningsen & Bo Jellesmark Thorsen, 2020.
"Preferences for Distributional Impacts of Climate Policy,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 75(1), pages 1-24, January.
- Lea Skræp Svenningsen & Bo Jellesmark Thorsen, 2017. "Preferences for distributional impacts of climate policy," IFRO Working Paper 2017/10, University of Copenhagen, Department of Food and Resource Economics.
- Adler, Matthew D. & Treich, Nicolas, 2017. "Utilitarianism, prioritarianism, and intergenerational equity: A cake eating model," Mathematical Social Sciences, Elsevier, vol. 87(C), pages 94-102.
- Anthoff, David & Tol, Richard S.J., 2010.
"On international equity weights and national decision making on climate change,"
Journal of Environmental Economics and Management, Elsevier, vol. 60(1), pages 14-20, July.
- Anthoff, David & Tol, Richard S.J., 2007. "On International Equity Weights and National Decision Making on Climate Change," Climate Change Modelling and Policy Working Papers 9547, Fondazione Eni Enrico Mattei (FEEM).
- Anthoff, David & Tol, Richard S. J., 2011. "On International Equity Weights and National Decision Making on Climate Change," Papers RB2010/4/2, Economic and Social Research Institute (ESRI).
- David Anthoff & Richard S. J. Tol, 2008. "On International Equity Weights and National Decision Making on Climate Change," CESifo Working Paper Series 2373, CESifo.
- David Anthoff & Richard S.J. Tol, 2007. "On International Equity Weights and National Decision Making on Climate Change," Working Papers 2007.55, Fondazione Eni Enrico Mattei.
- David Anthoff & Richard S.J. Tol, 2007. "On International Equity Weights And National Decision Making On Climate Change," Working Papers FNU-127, Research unit Sustainability and Global Change, Hamburg University, revised Feb 2007.
- Nyborg, Karine, 2014.
"Project evaluation with democratic decision-making: What does cost–benefit analysis really measure?,"
Ecological Economics, Elsevier, vol. 106(C), pages 124-131.
- Nyborg, Karine, 2014. "Project Evaluation with Democratic Decision-making: What Does Cost-benefit Analysis Really Measure?," Memorandum 08/2014, Oslo University, Department of Economics.
- Kverndokk, Snorre & Rose, Adam, 2008.
"Equity and Justice in Global Warming Policy,"
International Review of Environmental and Resource Economics, now publishers, vol. 2(2), pages 135-176, October.
- Snorre Kverndokk & Adam Rose, 2008. "Equity and Justice in Global Warming Policy," Working Papers 2008.80, Fondazione Eni Enrico Mattei.
- Kverndokk, Snorre & Rose, Adam, 2008. "Equity and justice in global warming policy," MPRA Paper 24272, University Library of Munich, Germany.
- Kverndokk, Snorre & Rose, Adam Z., 2008. "Equity and Justice in Global Warming Policy," Climate Change Modelling and Policy Working Papers 44230, Fondazione Eni Enrico Mattei (FEEM).
- Kverndokk, Snorre & Rose , Adam, 2008. "Equity and Justice in Global Warming Policy," Memorandum 21/2008, Oslo University, Department of Economics.
- Shyam KC, 2013. "Cost Benefit Studies on Disaster Risk Reduction in Developing Countries," World Bank Other Operational Studies 16111, The World Bank.
- Glenn Jenkins & Chun-Yan Kuo & Arnold C. Harberger, 2011. "Cost-Benefit Analysis for Investment Decisions: Chapter 14 (The Shadow Price of Government Funds, Distributional Weights, and Basic Needs Externalitiess)," Development Discussion Papers 2011-14, JDI Executive Programs.
- Paul Watkiss & Federica Cimato, 2016. "The economics of adaptation and climate-resilient development: lessons from projects for key adaptation challenges," GRI Working Papers 235, Grantham Research Institute on Climate Change and the Environment.
- Yamaguchi, Rintaro, 2012. "Discounting, Distribution and Disaggregation," MPRA Paper 46322, University Library of Munich, Germany.
- Väinö Nurmi & Karoliina Pilli-Sihvola & Hilppa Gregow & Adriaan Perrels, 2019. "Overadaptation to Climate Change? The Case of the 2013 Finnish Electricity Market Act," Economics of Disasters and Climate Change, Springer, vol. 3(2), pages 161-190, July.
- Rintaro Yamaguchi, 2013. "Discounting, Distribution and Disaggregation: Discount Rates for the Rich and the Poor with Climate as a Source of Utility," Scottish Journal of Political Economy, Scottish Economic Society, vol. 60(4), pages 440-459, September.
- Nurmi, Väinö & Ahtiainen, Heini, 2018. "Distributional Weights in Environmental Valuation and Cost-benefit Analysis: Theory and Practice," Ecological Economics, Elsevier, vol. 150(C), pages 217-228.
- Karel Martens, 2011. "Substance precedes methodology: on cost–benefit analysis and equity," Transportation, Springer, vol. 38(6), pages 959-974, November.
- Scarborough, Helen & Bennett, Jeff, 2008. "Estimating intergenerational distribution preferences," Ecological Economics, Elsevier, vol. 66(4), pages 575-583, July.
- Udo Ebert, 2007. "Redistributional Preference in Environmental Policy," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 63(4), pages 548-562, December.
- Flügel, Stefan, 2014. "Accounting for user type and mode effects on the value of travel time savings in project appraisal: Opportunities and challenges," Research in Transportation Economics, Elsevier, vol. 47(C), pages 50-60.
- Matthew D. Adler, 2016. "Editor's Choice Benefit–Cost Analysis and Distributional Weights: An Overview," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 10(2), pages 264-285.
- Nahmias–Biran, Bat-hen & Shiftan, Yoram, 2016. "Towards a more equitable distribution of resources: Using activity-based models and subjective well-being measures in transport project evaluation," Transportation Research Part A: Policy and Practice, Elsevier, vol. 94(C), pages 672-684.
- Jasper N. Meya & Stefan Baumgärtner & Moritz A. Drupp & Martin F. Quaas, 2020. "Inequality and the Value of Public Natural Capital," CESifo Working Paper Series 8752, CESifo.
- Anna Brink & Katarina Nordblom & Roger Wahlberg, 2007. "Maximum fee versus child benefit: a welfare analysis of Swedish child-care fee reform," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 14(4), pages 457-480, August.
More about this item
JEL classification:
- D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
- H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:uwp:landec:v:81:y:2005:i:3:p337-352. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (). General contact details of provider: http://le.uwpress.org/ .
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.