Public Investment the Rate of Return and Optimal Fiscal Policy (RFF Press)
hardcover
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July 1, 1970
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ISBN-13: 9780801811241
ISBN-10: 0801811244
About this book
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
