Investment Criteria in Development Programs
The Quarterly Journal of Economics, 1951, vol. 65, issue 1, 38-61
Introduction, 38. — I. The capital-intensity criterion, 38. — II. The nature of the product, 42; real income increases, money income stable, 43; money income increases to the extent of the incremental output, 44; the tautology of the "type III" criterion, 45; the advantages of home market industries, 46. — III. Direct vs. indirect foreign exchange requirements, 48. — IV. Practical value of the rejected criteria, 50. — V. The hazards of international financing, 53. — VI. Conclusion, 60.
References: Add references at CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:oup:qjecon:v:65:y:1951:i:1:p:38-61.
Access Statistics for this article
The Quarterly Journal of Economics is currently edited by Robert J. Barro, Elhanan Helpman, Lawrence F. Katz and Andrei Schleifer
More articles in The Quarterly Journal of Economics from Oxford University Press
Bibliographic data for series maintained by Oxford University Press ().