LEADER 02550nam 2200409 450 001 9910476802403321 005 20230515224714.0 024 7 $a10.4324/9780203013021 035 $a(CKB)5470000000566522 035 $a(NjHacI)995470000000566522 035 $a(EXLCZ)995470000000566522 100 $a20230515d2007 uy 0 101 0 $aeng 135 $aur||||||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aFormula funding of public services /$fPeter Smith 210 1$a[Place of publication not identified] :$cTaylor & Francis,$d2007. 215 $a1 online resource 225 1 $aRoutledge studies in business organization and networks 311 $a1-134-22980-1 327 $aSetting the scene -- Formula funding within a public finance framework -- The elements of formula funding -- Formula funding : a production function perspective -- Empirical capitation methods -- Budgetary risk and formula funding -- Paying for quality : the case of UK general practitioners -- The political economy of formula funding -- Concluding comments. 330 $aThe use of formulae has become widespread in recent years across most developed countries. In the UK, a conservative estimate is that annually £150 billion of public service expenditure is distributed using formulae, in services such as health care, local government, social security and higher education. This book offers a comprehensive introduction to the theory and practice underlying the use of such formulae as a basis for funding public services. The philosophy, design and economic consequences of funding formulae have become key policy issues worldwide. However, till now, there has been no text which brings together the economic, statistical and political issues underlying formula funding. This key book fills that gap. Written by a leading international expert on the design of funding formulae, this important book includes empirical evidence from a range of countries and will be a valuable resource for all those involved in this field. 410 0$aRoutledge studies in business organization and networks. 606 $aMunicipal services$zFinance 606 $aResource allocation 615 0$aMunicipal services 615 0$aResource allocation. 676 $a352.7 700 $aSmith$b Peter$g(Peter C.),$041392 801 0$bNjHacI 801 1$bNjHacl 906 $aBOOK 912 $a9910476802403321 996 $aFormula funding of public services$92946170 997 $aUNINA