Abstract
In the last chapter, we were concerned with the problem of the optimum rate of investment at an aggregate level. This chapter deals with two special aspects of optimum investment: its sectoral allocation, and the choice of techniques. The chapter concludes with a justification of our emphasis on capital accumulation.
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References
Pranab K. Bardhan, Economic Growth, Development and Foreign Trade (New York: Wiley Interscience, 1970).
Sukhamoy Chakravarty, Capital and Development Planning (Cambridge, Mass.: M.I.T. Press, 1969).
Sipra Dasgupta, Agriculture, Producer’s Rationality and Technical Change (Bombay: Asia Publishing House, 1970).
A. K. Dixit, ‘Optimal Development in the Labour Surplus Economy’, Review of Economic Studies (Jan 1968).
M. H. Dobb, Studies in the Development of Capitalism (London: Routledge & Kegan Paul, 1946).
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© 1974 Ajit K. Dasgupta
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Dasgupta, A.K. (1974). The Planning Problem: Investment Allocation and the Choice of Techniques. In: Economic Theory and the Developing Countries. Palgrave, London. https://doi.org/10.1007/978-1-349-86195-8_6
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DOI: https://doi.org/10.1007/978-1-349-86195-8_6
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-11299-1
Online ISBN: 978-1-349-86195-8
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