IDEAS home Printed from https://ideas.repec.org/a/sae/envirc/v2y1984i2p211-218.html
   My bibliography  Save this article

An Externality Approach to the Cost Sharing of Social Overhead Capital

Author

Listed:
  • T Nosse

    (Institute of Economic Research, Kobe University of Commerce, Tarumi, Kobe, Japan 655)

Abstract

A definition of social overhead capital based on an ‘externality’ approach is proposed to explore the principle underlying cost sharing of social capital formation. First, in considering the relation of social capital to social services, the conventional ‘institutional’ definition and the simple ‘functional’ definition of social capital are criticised on the basis of their nonacademic and inconsistent interpretation. I propose instead a consistent definition of social capital based on an economic analysis of its external effects. Second, by separating the production side from the consumption side of public services in the public sector (and also in the private sector), four types of externalities of social capital (to the private sector) are distinguished. Finally, it is shown that these externalities can be taken as the theoretical bases for developing rules for cost sharing of social capital formation under the criterion of best allocation of resources. A forecast is then made of the size of these externalities, together with their feasibility of acceptance in actual public policy.

Suggested Citation

  • T Nosse, 1984. "An Externality Approach to the Cost Sharing of Social Overhead Capital," Environment and Planning C, , vol. 2(2), pages 211-218, June.
    • Handle: RePEc:sae:envirc:v:2:y:1984:i:2:p:211-218
    DOI: 10.1068/c020211
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1068/c020211
    Download Restriction: no
    File URL: https://libkey.io/10.1068/c020211?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Paul H. Cootner, 1963. "Social Overhead Capital and Economic Growth," International Economic Association Series, in: W. W. Rostow (ed.), The Economics of Take-Off into Sustained Growth, chapter 0, pages 261-284, Palgrave Macmillan.
    2. Paul H. Cootner, 1963. "Social Overhead Capital and Economic Growth," International Economic Association Series, in: W. W. Rostow (ed.), The Economics of Take-Off into Sustained Growth, chapter 0, pages 261-284, Palgrave Macmillan.
    3. Simon Kuznets, 1951. "Government Product And National Income," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 1(1), pages 178-244, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Siebert, Horst, 1986. "Nutzungskosten, intertemporale Allokation und Nutzungsrechte," Discussion Papers, Series I 221, University of Konstanz, Department of Economics.
    2. Siebert, Horst, 1969. "Regionalwirtschaftslehre in den USA: Ein Überblick," Open Access Publications from Kiel Institute for the World Economy 3587, Kiel Institute for the World Economy (IfW Kiel).
    3. Remzi Baris Tercioglu, 2019. "Rethinking growth and inequality in the US: What is the role of measurement of GDP?," Working Papers 1906, New School for Social Research, Department of Economics, revised Feb 2020.
    4. Mas, José M. & Gómez, Andrés, 2021. "Social partners in the digital ecosystem: Will business organizations, trade unions and government organizations survive the digital revolution?," Technological Forecasting and Social Change, Elsevier, vol. 162(C).
    5. Djankov, Simeon & Luksic, Igor & Zhang, Eva, 2022. "Technology as deregulation," LSE Research Online Documents on Economics 118882, London School of Economics and Political Science, LSE Library.
    6. Lintott, John, 1996. "Environmental accounting: useful to whom and for what?," Ecological Economics, Elsevier, vol. 16(3), pages 179-190, March.
    7. Mubashir Qasim, 2018. "Some Links between Sustainability and Well-Being," Working Papers in Economics 18/13, University of Waikato.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:envirc:v:2:y:1984:i:2:p:211-218. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.