Maximizing National Product by the Choice of Industries
The Pakistan Development Review, 1982, vol. 21, issue 2, 93-103
The purpose of this paper is to bridge a communication gap between economists and public opinion. It is the author's answer to a stubborn misunderstanding. He shows why in the early phases of development concentration on labour-intensive activities maximizes national product and, consequently, the possibility to grow. An additional argument in favour of such a policy is that it contribu tes maximally to reducing unemployment.
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Persistent link: https://EconPapers.repec.org/RePEc:pid:journl:v:21:y:1982:i:2:p:93-103
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