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The Value of Social, Behavioral, and Economic Sciences to National Priorities: A Report for the National Science Foundation

The National Academies Press, 2017

Nearly every major challenge the United States faces—from alleviating unemployment to protecting itself from terrorism—requires understanding the causes and consequences of people’s behavior. Even societal challenges that at first glance appear to be issues only of medicine or engineering or computer science have social and behavioral components. Having a fundamental understanding of how people and societies behave, why they respond the way they do, what they find important, what they believe or value, and what and how they think about others is critical for the country’s well-being in today’s shrinking global world. The diverse disciplines of the social, behavioral, and economic (SBE) sciences ―anthropology, archaeology, demography, economics, geography, linguistics, neuroscience, political science, psychology, sociology, and statistics―all produce fundamental knowledge, methods, and tools that provide a greater understanding of people and how they live.

The Value of Social, Behavioral, and Economic Sciences to National Priorities evaluates whether the federal government should fund SBE research at the National Science Foundation (NSF), and, specifically, whether SBE research furthers the mission of the NSF to advance national priorities in the areas of health, prosperity and welfare, national defense, and progress in science; advances the missions of other federal agencies; and advances business and industry, and to provide examples of such research. This report identifies priorities for NSF investment in the SBE sciences and important considerations for the NSF for strategic planning.

url – https://www.nap.edu/catalog/24790/the-value-of-social-behavioral-and-economic-sciences-to-national-priorities?utm_source=NASEM+News+and+Publications&utm_campaign=cb66505970-Final_Book_2017_07_13_24790&utm_medium=email&utm_term=0_96101de015-cb66505970-102123193&goal=0_96101de015-cb66505970-102123193&mc_cid=cb66505970&mc_eid=3f52b269fc
courtesy – The National Academies Press

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Integrating the issue of infrastructural investment with economic growth: The case of India

Mukul Gupta, Rahul Budhadev, Varun Chotia, NV Muralidhar Rao
Theoretical and Applied Economics. 2016;XXIII(3):141-162

Abstract: The development of a country’s infrastructure is instrumental in accelerating its economic growth. The inadequacy in the infrastructure provisions hinders population to promote self reliance in economic sectors, thereby proving to be a hindering factor to economic growth. Through this paper, we have aimed to investigate the relationship between investment in key infrastructure sectors and economic growth, in order to see how these sectors impact India’s economic growth and how significant this impact is. Further, a detailed qualitative analysis of all the infrastructure sectors involved in our study has been done with a focus on explaining the reasons behind significance/ insignificance of a particular sector. In the final part of analysis, a budget allocation model has been formulated with the help of linear programming technique. This model gives us a fresh viewpoint of the prospective inclination of government budget, and its extent of allocation to the diversity of infrastructure sectors.

url – http://store.ectap.ro/articole/1204.pdf
courtesy – TAE