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The state of capital budgeting theory is going through its growing pains. While traditional literature on capital budgeting is grounded in rational decision‐making, Nunn (1990) has suggested that such an approach is too limited to be of significant value. New theories, he argues, need to reflect differences in capital demand and differences in approaches to local policy, thereby reflecting both the economically‐rational and other components of capital budgeting. In this study, we examine the rigor of the traditional rational approach and the typology put forth by Nunn. Based on a broad cross‐sectional analysis of municipal finance directors, we find that capital budgeting is more complex than usually presented. Yet contrary to the argument by Nunn, we also find that the process is restricted more to internal participants, with limited and targeted participation by the public and other external actors.

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This article examines the relative frequency of contributions made by faculty members in public administration programs to the professional public administration journals. With the call for a leaner and more productive government sector (e.g., universities), the profession needs to know which programs are producing most of the cutting-edge knowledge, the research strengths of these programs, and where they publish. More specifically, the analysis draws on evidence from articles found in highly ranked journals to reflect on relative productivity using four categories of measures: which schools (a) publish the greatest number of articles in the journals, (b) publish the greatest number of single-authored equivalent articles in the journals, (c) publish the greatest number of articles in the "best" journals, and (d) publish the greatest number of single-authored equivalent articles in the best journals. Together, the findings offer a comprehensive view of public administration faculty productivity in central public administration journals.