WELFARE CONSIDERATIONS OF NORTH AUSTRALIAN DEVELOPMENT DECISIONS

Derek T. Healey

Australian Journal of Agricultural Economics, 1966, vol. 10, issue 2, 13

Abstract: Issue is taken with those who adopt a short-term economic allocation approach to the question of the development of Northern Australia. It is argued that welfare-economics criteria are inappropriate when consideration of development is involved and that attention must be paid by economists to immeasurable benefits and to national long-term goals rather than to the maximisation of immediate utilities.

Keywords: Community/Rural/Urban; Development (search for similar items in EconPapers)
Date: 1966
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:ajaeau:22277

DOI: 10.22004/ag.econ.22277

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