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A New Approach to Measuring Housing Benefits

  • Leland S. Burns
  • Leo Grebler

Abstract

The theoretical case for housing subsidy obtains pragmatic meaning for policy only if the subsidized dwellings produce social and personal benefits over and above those resulting from the operation of the market. As the previous chapter indicated, there is no clear, demonstrable evidence to that effect.

Keywords

Test Group Housing Quality Arrest Rate Dwelling Unit Housing Investment 
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Notes

  1. 7.
    Cf. J. Tinbergen, Cost-Benefit Analysis of Social Projects (Geneva: United Nations Research Institute for Social Development, 1966); and J. Hirshleifer, J. C. DeHaven, and J. D. Milliman, Water Supply: Economics, Technology, and Policy (Chicago: University of Chicago Press, 1960) Chapter VII.Google Scholar
  2. 10.
    H. B. Chenery and A. M. Strout, ‘Foreign Assistance and Economic Development’, American Economic Review, lvi, 4 (September 1966) pp. 679–733, particularly Table A-1; and K. C. Han, ‘Capital-Output Ratio in Korea-A Trial’, Quarterly Economic Research, Economic Planning Board, Republic of Korea, June 1964.Google Scholar
  3. 12.
    W. Leontief et al., Studies in the Structure of the American Economy (New York: Oxford University Press, 1955) pp. 220–1.Google Scholar

Copyright information

© Leland S. Burns and Leo Grebler 1977

Authors and Affiliations

  • Leland S. Burns
    • 1
  • Leo Grebler
    • 1
  1. 1.University of CaliforniaLos AngelesUSA

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