Combining Economic and Noneconomic Objectives in Development Planning: Problems of Concept and Measurement

Karl A. Fox

Chapter 5 in Economic Development and Planning, 1974, pp 104-141 from Palgrave Macmillan

Abstract: Abstract The Gross National Product is our principal measure of economic progress. It enables us to make reproducible quantitative statements about the same economy at different points in time and about different economies at the same point in time. Operational methods for measuring G.N.P. flow directly from the theory of general economic equilibrium.

Keywords: Marginal Utility; Behaviour Setting; Voluntary Association; Authority System; Affective Behaviour (search for similar items in EconPapers)
Date: 1974
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DOI: 10.1007/978-1-349-01933-5_5

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