Alternative measures of the marginal cost of funds

被引：13

作者：

Browning, EK ^{[1
]}

Gronberg, T

Liu, LQ

机构：

[1] Texas A&M Univ, Dept Econ, College Stn, TX 77843 USA

[2] Texas A&M Univ, Private Enterprise Res Ctr, College Stn, TX 77843 USA

来源：

ECONOMIC INQUIRY | 2000年 / 38卷 / 04期

关键词：

D O I：

10.1093/ei/38.4.591

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This article reconciles the use of two different marginal cost-of-funds (MCF) measures by resorting To alternative marginal benefit measures. It demonstrates how the alternative MCF measures can be properly applied to two classic problems in expenditure analysis: local cost-benefit project evaluation and the second best public good level question. Relative strengths of the two MCF approaches in addressing the two problems are identified. (JEL H21, H43).

引用

页码：591 / 599

页数：9

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