RFF Environmental and Resource Economics Set
1 total work
Public Investment, the Rate of Return and Optimal Fiscal Policy
by Kenneth J. Arrow and Mordecai Kurz
Published 1 July 1970
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
Originally published in 1970