The United States as a Developing Country or Benefit Cost Analysis

The United States as a Developing Country: Studies in U.S. History in the Progressive Era and the 1920s

Author: Martin J J Sklar

The history of the United States is in crucial respects the history of a developing country, not only in its transition from agriculture and commercial colonies to an industrial nation, but in modern times and the foreseeable future as well. These seven essays are primarily concerned with the U.S. as a developing country in the early twentieth century, undergoing stages of development from competitive capitalism to corporate capitalism, and from industrial to "postindustrial" society. The chapters treat the emergence of corporate capitalism and its implications for domestic affairs and foreign relations, the origins and character of corporate liberalism, and the central role of Woodrow Wilson in these areas. Critical linkages are also drawn among economic, political, and cultural developments in the 1920s, raising a parallel between Henry Adams in the Progressive Era, the "Young Intellectuals" of the Twenties, and the New Left in the Sixties.Martin J. Sklar is Professor of History at Bucknell University, has published articles in early twentieth century American history, and is the author of The Corporate Reconstruction of American Capitalism, 1890-1916.

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Benefit-Cost Analysis: Financial and Economic Appraisal Using Spreadsheets

Author: Harry F Campbell

Throughout the text of this introduction to benefit cost analysis, emphasis is on applications, and a worked case study is progressively undertaken as an illustration of the analytical principles in operation. The first part covers basic theory and procedures.

Part Two advances to material on internationally tradeable goods and projects that affect market prices, and part Three introduces special topics such as the treatment of risk and uncertainty, income distributional effects and the valuation of non-marketed goods. Instructors' resource web site: uq.edu.au/economics/bca

Table of Contents:

	List of figures
	List of tables
	Preface
1	Benefit-Cost Analysis: Introduction and Overview	1
2	Investment Appraisal: Principles	18
3	Investment Appraisal: Decision-Rules	36
4	Private Benefit-Cost Analysis	62
5	Efficiency Benefit-Cost Analysis	92
6	Calculating the Net Benefits to the Referent Group	122
7	Consumer and Producer Surplus in Benefit-Cost Analysis	146
8	Valuing Traded and Non-traded Commodities in Benefit-Cost Analysis	177
9	Incorporating Risk in Benefit-Cost Analysis	194
10	The Social Discount Rate, Cost of Public Funds, and the Value of Information	221
11	Weighting Net Benefits to Account for Income Distribution	238
12	Valuation of Non-marketed Goods	261
13	Economic Impact Analysis	288
14	Writing the Benefit-Cost Analysis Report	304
	App. 1: Case Study Assignment	332
App. 2	Discount and Annuity Tables	340
	Index	342