A01=Patrick D. Larkey
Accounting Convention
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Analogy
Author_Patrick D. Larkey
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Bayesian statistics
Behavioral economics
Betterment
Budget
Business statistics
Calculation
Capital budgeting
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Category=JPR
Category=KFFD
Cess
Comparative advantage
Consideration
COP=United States
Cost overrun
Criticism
Decision-making
Deficit spending
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Design effect
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Economics
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Fund accounting
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Indifference curve
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Language_English
Layoff
Legislation
Local government
Loss function
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Policy analysis
Precedent
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Production function
Profit maximization
Program evaluation
Property tax
Provision (accounting)
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Public expenditure
Public finance
Rational choice theory
Real estate appraisal
Real versus nominal value (economics)
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Resource allocation
Revenue sharing
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softlaunch
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Urban renewal
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Product details
- ISBN 9780691648262
- Weight: 567g
- Dimensions: 152 x 235mm
- Publication Date: 19 Apr 2016
- Publisher: Princeton University Press
- Publication City/Country: US
- Product Form: Hardback
- Language: English
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For effective program evaluation, it is necessary to specify a counterfactual state, i.e., what would have happened without the program. Conventional approaches to program evaluation, preoccupied with technical and value issues, fail to address directly the need for counterfactual arguments. They also fail to recognize the indispensable role of positive theories of technical and behavioral processes in making these arguments. In order to understand the impact of the General Revenue Sharing (GRS) program on the fiscal behavior of municipal governments, Patrick Larkey develops and demonstrates an unconventional approach to program evaluation that overcomes these failures. Drawing on the positive theories of budgetary decisionmaking processes as well as longitudinal revenue and expenditure data from primary sources, the author specifies, estimates, and tests four "bureaucratic process" models for each of five city governments receiving GRS funds. Using these models to generate complex, counterfactual hypotheses, he then compares the counterfactual patterns with observed patterns to understand the fiscal effects of GRS. Originally published in 1979.
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