Title: Public Investment, the Rate of Return, and Optimal Fiscal Policy (RFF Press)
Publisher: Resources For the Future, Inc.
Publication Date: 1970
Language: English
ISBN 10: 0801811244
ISBN 13: 9780801811241
Binding: Hardcover
Condition: new

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Synopsis

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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