Cost Benefit Analysis and the Location of GTC Capacity; A Rejoinder

Abstract

A recent paper by James Hughes in this journal arguing that in the recent past the regional distribution of Government Training Centre (GTC) capacity has been sub‐optimal, stirred me to write an article both criticising the criteria he used in reaching this judgement and, more positively, offering results from a cost benefit study addressed to the same issue. Hughes' more recent, discursive paper is a reply to this. Whilst his paper is replete with minor points of detail, I shall concentrate here on his major points only. These are:

Citation

Ziderman, A. (1977), "Cost Benefit Analysis and the Location of GTC Capacity; A Rejoinder", International Journal of Social Economics, Vol. 4 No. 3, pp. 202-206. https://doi.org/10.1108/eb013815