Cost Sharing as an Incentive to Attain the Objectives of Shoreline Protection.

摘要

This study attempts to provide the Army Corps of Engineers (Corps) with an objective evaluation of existing and alternative cost-sharing arrangements for its shoreline protection program and to suggest appropriate policy changes. The shoreline protection program is examined in relation to the objective of national economic development as well as the objective of enhancement of environmental quality. Alternative cost-sharing rules are evaluated with respect to efficiency, equity, and administrative feasibility. The incentive effects of cost sharing are emphasized. Although the focus of this report is on cost sharing for shoreline protection, the principles and techniques employed are likely to be of general applicability in evaluating cost sharing for any Federal-local program.