Skip to main content
  • Book
  • © 1980

Benefit-Cost Analysis of Data Used to Allocate Funds

Authors:

Part of the book series: Lecture Notes in Statistics (LNS, volume 3)

Buy it now

Buying options

eBook USD 39.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

This is a preview of subscription content, log in via an institution to check for access.

Table of contents (8 chapters)

  1. Front Matter

    Pages i-viii
  2. Introduction

    • Bruce D. Spencer
    Pages 1-8
  3. Loss Function and Benefit Measurement

    • Bruce D. Spencer
    Pages 9-52
  4. The Delta Method

    • Bruce D. Spencer
    Pages 53-66
  5. Data Used in General Revenue Sharing

    • Bruce D. Spencer
    Pages 67-150
  6. Interstate Allocations in GRS

    • Bruce D. Spencer
    Pages 151-176
  7. Intrastate Allocations in GRS

    • Bruce D. Spencer
    Pages 177-206
  8. Computations and Analyses

    • Bruce D. Spencer
    Pages 207-249
  9. Policy Perspectives and Recommendations

    • Bruce D. Spencer
    Pages 250-265
  10. Back Matter

    Pages 266-296

About this book

This monograph treats the question of determining how much to spend for the collection and analysis of public data. This difficult problem for government statisticians and policy-makers is likely to become even more pressing in the near future. The approach taken here is to estimate and compare the benefits and costs of alternative data programs. Since data are used in many ways, the benefits are hard to measure. The strategy I have adopted focuses on use of data to determine fund allocations, particularly in the General Revenue Sharing program. General Revenue Sharing is one of the largest allocation programs in the United States. That errors in population counts and other data cause sizable errors in allocation has been much publicized. Here we analyze whether the accuracy of the 1970 census of population and other data used by General Revenue Sharing should be improved. Of course it is too late to change the 1970 census program, but the method and techniques of analysis will apply to future data programs. In partic­ ular, benefit-cost analyses such as this are necessary for informed decisions about whether the expense of statistical programs is justi­ fied or not. For example, although a law authorizing a mid-decade census was enacted in 1976, there exists great doubt whether funds will be provided so a census can take place in 1985. (The President's Budget for 1981 allows no money for the mid-decade census, despite the Census Bureau's request for $1. 9 million for planning purposes.

Authors and Affiliations

  • Northwestern University The School of Education, Evanston, USA

    Bruce D. Spencer

Bibliographic Information

Buy it now

Buying options

eBook USD 39.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access