Unemployment, Excess Capacity, and Benefit-Cost Investment Criteria

Robert Haveman and John Krutilla

MPRA Paper from University Library of Munich, Germany

Abstract: In this paper we present a model designed to relate the detailed occupational and industrial demands imposed on the economy by several types of water resource investment. This detail provides the basis for adjusting the market cost of such public investments under the employment conditions prevailing in the 1957- 1965 period.

Keywords: water resources; benefit cost analysis; unemployment (search for similar items in EconPapers)
JEL-codes: D61 H00 H43 (search for similar items in EconPapers)
Date: 1966
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Published in Review of Economics and Statistics 49.3(1967): pp. 382-392

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