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Public Consumption (public + consumption)
Selected AbstractsBEYOND THE ECONOMIC CATALYST DEBATE: CAN PUBLIC CONSUMPTION BENEFITS JUSTIFY A MUNICIPAL STADIUM INVESTMENT?JOURNAL OF URBAN AFFAIRS, Issue 5 2007CHARLES A. SANTO ABSTRACT:,A host of empirical studies have indicated that stadiums and arenas have no significant impact on metropolitan area income or employment. In light of this evidence, the continued proliferation of public investment in sports facilities begs the question: Is there some other justification for this spending, or are policymakers simply acting against the public interest (either irrationally, or in response to political-economic influences)? A possibility that has not been fully explored is the notion that stadiums and teams generate tangible and intangible consumption benefits that could support some level of public investment. This research builds on a small foundation of literature that is moving discussion beyond the economic catalyst debate by providing an empirical measure of the consumption benefits that accrue to a region as the result of hosting a major league sports team. A contingent valuation survey is used to quantify the consumption benefits that would be associated with the relocation of a major league baseball team to Portland, Oregon. An empirical measure of the region's aggregate willingness to pay for the benefits associated with hosting a team is disaggregated into option and existence values, which can then be compared to any proposed level of public contribution to a new stadium. The findings indicate that consumption benefits would only support a capital investment of approximately $74 million; a figure far smaller than the typical stadium subsidy. The majority of projected benefits are associated with expected public goods and externalities, rather than anticipated attendance, indicating that an equitable financing plan should employ nonuser revenue sources. The level of projected benefits does not vary by locality within the metropolitan area, which argues for a regional cost-sharing approach. The willingness of residents to pay for stadium construction is tempered by a concern about other pressing social needs in the Portland area and a reaction to the current tax climate. [source] John Hawks and the Public's Consumption of Biological AnthropologyAMERICAN ANTHROPOLOGIST, Issue 2 2010Robin G. Nelson No abstract is available for this article. [source] Social Insurance and the Public BudgetECONOMICA, Issue 275 2002Torben M. Andersen Restraints on the public budget may limit the ability of the public sector to use financial markets for the diversification of shocks. This interferes with the role of the public budget as a buffer which may provide insurance by stabilizing income and thereby private consumption. We consider this insurance or stabilizing role of public budgets and show why pro-cyclical budgets and a progressive taxation system may be optimal even when tax distortions are taken into account. Balanced budget restrictions interfere with this insurance effect, and they do not necessarily imply that a lower level of public consumption is optimal. [source] Expenditure Reform in Industrialised Countries: A Case-Study Approach,FISCAL STUDIES, Issue 3 2007Sebastian Hauptmeier This study examines reforms of public expenditure in industrialised countries over the past two decades. We distinguish ambitious and timid reformers and analyse in detail reform experiences in eight case studies of ambitious reform episodes. We find that ambitious reform countries reduce spending on transfers, subsidies and public consumption. Such expenditure retrenchment is also typically part of a comprehensive reform package that includes improvements in fiscal institutions as well as structural and other macroeconomic reforms. The study finds that ambitious expenditure retrenchment and reform coincides with large improvements in fiscal and economic growth indicators. [source] Debates on Domesticity and the Position of Women in Late Colonial IndiaHISTORY COMPASS (ELECTRONIC), Issue 6 2010Swapna M. Banerjee Tracing the genealogy of domesticity from India's precolonial past, this essay problematizes the recent emphasis on the link between women and domesticity in late colonial India. Based on a review of the growing literature in the field, it considers the newly evolved notions of colonial domesticity as a moment of [re]consideration rather than a break with the past. The discursive formation of the new ideas of domesticity under colonial regime transcended the private-public and often national boundaries, indicating an overlap where the most intimate details of the ,private', personal life were not only discussed and debated for public consumption but were also articulated in response to imperial and international concerns. This paper argues that domesticity as a new cultural logic became the motor of change for both the British and the colonized subjects and it particularly empowered women by giving them agency in the late colonial period. In conclusion, this paper signals the importance of children, childhood, fatherhood, and masculinity as critical components of domesticity, which are yet to be broached by South Asian historians. [source] Government Spending and the Taylor PrincipleJOURNAL OF MONEY, CREDIT AND BANKING, Issue 1 2009GISLE JAMES NATVIK public expenditures; Taylor principle; fiscal policy rules; rule-of-thumb consumers This paper explores how government size affects the scope for equilibrium indeterminacy in a New Keynesian economy, where part of the population live hand-to-mouth. The main result is that a higher level of public consumption is likely to generate indeterminacy and render the Taylor principle insufficient as criterion for equilibrium uniqueness. This holds even though fiscal policy serves to reduce swings in current income. Only if government consumption is a substitute for private consumption, will it narrow the scope for indeterminacy. Hence monetary policy should be conducted with an eye to the amount and composition of government consumption. [source] Hot topics and etiquette: A professional group makes its arbitration guidelines publicALTERNATIVES TO THE HIGH COST OF LITIGATION, Issue 9 2009Russ Bleemer London's Chartered Institute of Arbitrators finally puts its ever-evolving arbitration practice guidelines,from tribunal procedures to hiring etiquette,up on the web for public consumption. [source] Are Private Sector Consumption Decisions Affected by Public Sector Consumption?THE ECONOMIC RECORD, Issue 239 2001Ólan T. Henry This paper looks at the interaction between public and private consumption in Australia. The results show that there is a long-run equilibrium relation between private and public consumption. However, the nature of this relation changed during the 1980s from one of complementarity to one of substitutability. [source] Television Characterizations of Homeless People in the United KingdomANALYSES OF SOCIAL ISSUES & PUBLIC POLICY, Issue 1 2005Darrin Hodgetts Media link events in society into meaningful plotlines for public consumption. For social issues such as homelessness this storytelling process continues until an issue is resolved or another concern takes precedence. This article investigates British Independent Television News1 (ITN) portrayals of homelessness from January 1993 to December 2002 (n= 99). News items are explored as instalments in a larger news narrative through which the public is offered engagements with homeless characters. A quantitative content analysis was used to establish the general prevalence of items throughout the year, story locations, causes and solutions offered for homelessness, and character roles. A qualitative narrative analysis was used to explore the function of these story elements in the overall patterning of the ITN story of homelessness. Of particular note was the promotion of a philanthropic approach to service delivery through the characterization of homeless people as needy victims and the maintenance of estranged relationships between the viewing public and homeless people. The significance of ITN's exclusion of homeless people from public deliberations regarding their needs is discussed in relation to the failure of this wealthy nation to resolve homelessness. [source] | |||||||||||||