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STATE PUBLICATIONS
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Infrastructure and the Complexity of Economic Development
The book examines the complex relationships between infrastructure and the rest of the economy. In particular, it focuses on the contentious issue of whether infrastructure investments stimulate productivity growth, issues of pricing and ownership, and also development problems such as environmental damage. Methods range from traditional production function models and compensating variation approaches to nonlinear methods of dynamic analysis. There is a unique emphasis on the ability of these different methods to allow for the complex interdependencies involved. Six of the fifteen papers deal with these methodological aspects, whereas the remainder addresses specific cases or examples in a variety of countries (Europe, USA and developing countries).
Hearings
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California Department of Corrections and Rehabilitation
Corrections¿ expenditures increased by 32% in the past 3 years to $10 billion; however, its ability to determine the impact various factors such as overcrowding, the transition of the health care function to a fed. court-appointed receiver, escalating overtime costs, and the presence of aging inmates have on the cost of its operations is limited by a lack of information. Nearly 25% of California¿s inmate population is incarcerated under the three strikes law, which requires individuals to serve longer terms. This report estimates that the increase in sentence length for inmates incarcerated under the three strikes law will cost the State $19.2 billion for the additional time these inmates are sentenced to serve. Charts and tables.
Statistical Issues in Allocating Funds by Formula
In 2000, the federal government distributed over $260 billion of funding to state and local governments via 180 formula programs. These programs promote a wide spectrum of economic and social objectives, such as improving educational outcomes and increasing accessibility to medical care, and many are designed to compensate for differences in fiscal capacity that affect governments' abilities to address identified needs. Large amounts of state revenues are also distributed through formula allocation programs to counties, cities, and other jurisdictions. Statistical Issues in Allocating Funds by Formula identifies key issues concerning the design and use of these formulas and advances recommen...
