The Industrial Revolution

Study week on the econometric approach to development planning

Bibliographic data

Monograph

Identifikator:: 1027928145

URN:: urn:nbn:de:zbw-retromon-159926

Document type:: Monograph

Author:: Cunningham, William http://d-nb.info/gnd/128907487

Title:: The Industrial Revolution

Place of publication:: Cambridge

Publisher:: The University Press

Year of publication:: 1922

Scope:: xxii S., S. 404-886

Digitisation:: 2021

Collection:: Economics Books

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1034 PONTIFICIAE ACADEMIAE SCIENTIARVM SCRIPTA VARIA - completely different. In fact, who will decide? The Central Plan- ning Bureau? But if the people of the different regions are not represented in this Central Planning Bureau, what will happen? I will give only one example. In the different Western countries, we have a tariff policy, and the effect of this tariff policy is that in these countries the peripheral regions alone support the burden of this policy. For instance in my own country, Brittany is bearing the cost of protecting the french coal mines, and in Canada, it is in the main the Province of Quebec which supports the Canadian tariff policy of Canada and so on. So, in my opinion, it is im- possible to treat these two problems, investment on the one hand and policy for each region on the other in the same wav. FriscH I am sorry that my explanation must have been too brief, be- cause Prof. ArLrars has completely misundertood what I meant to say. When I spoke about analogy with investments selection in a big list of projects, I was only referring to the formal construction of what we are going to take as a pattern of centres. There may be many alternative patterns of centres, or there may be many investment projects in our list of projects, I did not speak at all about how the decision of powers is to be distributed. We have to use this big list of alternatives of cen- tres, and out of those make a choice. The choice is to be studied by mathematical programming. ALLAIS Again there is a great difference but I do not think we can discuss the auestion now. 21 Isard - pag. 32

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