Some Notes on the Choice of Capital-Intensity in Development Planning

Amartya Kumar Sen

The Quarterly Journal of Economics, 1957, vol. 71, issue 4, 561-584

Abstract: I. Various criteria and their evaluation, 561; rate-of-turnover criterion, 561; social marginal productivity criterion, 562; reinvestment criterion, 564; an alternative, time series criterion, 568. — II. Application of these criteria to some models, 571; the first model, on the contrast between the criteria; the importance of labor cost, 571; the second model, on the foreign exchange consideration, 577; the third model, on the choice involving time, 582.

Date: 1957
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