Comment on ‘Infrastructure Spending and Unemployment: Government Responsibility for Growth and Jobs’

Ian McDonald ()

Australian Economic Review, 1997, vol. 30, issue 4, 433-435

Abstract: The level of public investment in infrastructure should be decided by cost‐benefit analysis. To use the employment consequences as an additional criterion to the cost‐benefit test, as Kenyon argues, would probably be counterproductive for the aggregate level of employment.

Date: 1997
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