Study week on the econometric approach to development planning

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Monograph

Identifikator:: 1824422792

URN:: urn:nbn:de:zbw-retromon-217476

Document type:: Monograph

Title:: Study week on the econometric approach to development planning

Place of publication:: Amsterdam [u.a.]

Publisher:: North-Holland Publ. Co. [u.a.]

Year of publication:: 1965

Scope:: XLVII, 1259 S.; graph. Darst.

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Identifikator:: 1824422792

URN:: urn:nbn:de:zbw-retromon-217476

Document type:: Monograph

Title:: Study week on the econometric approach to development planning

Place of publication:: Amsterdam [u.a.]

Publisher:: North-Holland Publ. Co. [u.a.]

Year of publication:: 1965

Scope:: XLVII, 1259 S.; graph. Darst.

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

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Document type:: Monograph

Structure type:: Chapter

Title:: Econometric analysis for assessing the efficacy of public investment / R. Dorman, Harvard University - Cambridge, Mass. - U.S.A.

Collection:: Economics Books

Document type:: Monograph

Structure type:: Chapter

Title:: Econometric analysis for assessing the efficacy of public investment / R. Dorman, Harvard University - Cambridge, Mass. - U.S.A.

Collection:: Economics Books

224 PONTIFICIAE ACADEMIAE SCIENTIARVM SCRIPTA VARIA - 28 diate or primary factors, and similarly all outputs produced should be assigned values; market prices when available. shadow prices when necessary. And, finally, if I have another 30 seconds, I should like to say something about the relationship of my thinking with Professor FriscH's, He asserts that one should begin with a social objective function or some measure of social welfare. My own contribution, if it be a contribution, is merely to set forth a way to discover certain aspects of the social welfare function. I do not feel that we can begin with it literally because at the beginning we do not know what it is. We must discover it by trying out proposals and seeing how the public and political organs react to them. In this way social preferences will be revealed, and a social welfare function will be discovered which can be used in designing and appraising investment projects. 51 Dorfman - pag. 38

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