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Public Investment, the Rate of Return, and Optimal Fiscal Policy (Rff Environmental and Resource Economics Set) (Hardcover)

By Kenneth J. Arrow, Mordecai Kruz

$230.00

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Description

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

Product Details
ISBN: 9781617260308
ISBN-10: 1617260304
Publisher: Rff Press
Publication Date: January 19th, 2011
Pages: 253
Language: English
Series: Rff Environmental and Resource Economics Set