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Public Investment, the Rate of Return, and Optimal Fiscal Policy
Hardcover
Series: Rff Environmental and Resource Economics Set
AccountingBusiness GeneralInvesting & Finance
ISBN13: 9781617260308
Publisher: Rff Press
Published: Jan 19 2011
Pages: 254
Weight: 1.17
Height: 0.63 Width: 6.14 Depth: 9.21
Language: English
This book, co-authored by the Nobel-prized economist, Kenneth Arrow, considers public expenditures in the context of modern growth theory. It analyzes optimal growth with public capital. A theory of 'controllability' is developed and injected into public economics and growth models.
Originally published in 1970
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