Choice of Techniques

T. Srinivasan

Chapter 12 in Economic Development in South Asia, 1970, pp 213-224 from Palgrave Macmillan

Abstract: Abstract The problem of the choice of techniques in development planning has been discussed in the literature so extensively that it is difficult to add anything significant. In what follows I shall attempt to review briefly the major aspects of the problem that have justifiably received attention in the literature and discuss one important aspect — uncertainty about the future — that has not received the attention it deserves.

Keywords: Foreign Exchange; Portfolio Choice; Shadow Prex; Discount Cost; Capital Intensity (search for similar items in EconPapers)
Date: 1970
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DOI: 10.1007/978-1-349-00964-0_12

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