Economic Development in South Asia pp 213-224 | Cite as
Choice of Techniques
Chapter
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
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Notes
- 2.David Levhari and Eyton Sheshinski, A Micro-Economic Production Function (Department of Economics, The Hebrew University, Jerusalem, Dec 1968).Google Scholar
Copyright information
© International Economic Association 1970