Capital charges and capital expenditure decisions in core government
Bibliographic Data
| ID | 20201470 |
|---|---|
| Authors | Marc Robinson (Queensland University of Technology, corresponding author) |
| Year | 1996 |
| Volume | 10 |
| Issue | 3 |
| Pages | 354-374 |
| Publication date | 1996-03-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journal of Public Budgeting Accounting & Financial Management (JOURNAL) |
| Journal identifiers | ISSN: 1096-3367 • E-ISSN: 1945-1814 |
| Publisher | Emerald (PUBLISHER) |
| DOI | 10.1108/jpbafm-10-03-1998-b002 |
| OpenAlex | W2336040447 |
| Language | EN |
| References cited | 9 |
The application of capital charges to core government agencies (those which produce tax-financed outputs) is one of a number of steps being taken by certain governments as part of a broader strategy to place such agencies upon a market footing. Capital charging involves the levying upon these agencies of charges designed to reflect the cost of the capital which they employ. This article presents a theoretical evaluation of capital charging which identifies the manner in which imperfect information, uncertainty and the expenditure control imperative undermine the system’s raison d’être
Business · Capital expenditure · Capital formation · Cost of capital · Economic capital · Economics · Financial capital · Fixed capital · Imperfect · Microeconomics · Public economics · Telecommunications · Corporate Taxation and Avoidance · Engineering · Fiscal Policy and Economic Growth · Local Government Finance and Decentralization · Finance
| Citation velocity | historical |
|---|---|
| Highly cited | No |