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Public Investment, the Rate of Return, and Optimal Fiscal Policy

By: (Author) Kenneth J. Arrow , (Author) Mordecai Kruz

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Ksh 32,400.00

Format: Hardback or Cased Book

ISBN-10: 1617260304

ISBN-13: 9781617260308

Series: RFF Environmental and Resource Economics Set

Publisher: Taylor & Francis Inc

Imprint: Resources for the Future Press (RFF Press)

Country of Manufacture: GB

Country of Publication: GB

Publication Date: Jan 19th, 2011

Print length: 254 Pages

Weight: 530 grams

Dimensions (height x width x thickness): 23.70 x 16.20 x 2.60 cms

Product Classification: Public finance accounting

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This book, co-authored by the Nobel-prized economist, Kenneth Arrow, considers public expenditures in the context of modern growth theory. It analyzes optimal growth with public capital. A theory of ''controllability'' is developed and injected into public economics and growth models.Originally published in 1970
This book, co-authored by the Nobel-prized economist, Kenneth Arrow, considers public expenditures in the context of modern growth theory. It analyzes optimal growth with public capital. A theory of 'controllability' is developed and injected into public economics and growth models. First Published in 2011. Routledge is an imprint of Taylor & Francis, an informa company.

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