Show simple item record

Show simple item record

 

Show simple item record

dc.description.abstractThere is one type of model that dominates the literature and the plans. This is the Harrod-Domar model and its numerous variations. In this, the strategic variables that are selected are aggregates such as employment, investment and output. But instead of the neo-classical assumption of perfect substitutability of capital for labour, the starting point is the assumption of fixed technical or behavioural coefficients, so that aggregate output is related to the stock of capital by the capital/output ratio, otherwise known as the capital coefficient. This is the salient feature added by the Harrod-Domar model to the Keynesian short-period theory of employment. The crucial role, in economic theory and planning, of the ‘capital/output ratio’ is well brought out in an article by an Indian writer: If there is one concept that has dominated recent discussions on growth theory and development planning, it is that of the capital-output ratio, or the capital-coefficient as it is sometimes called. It has been extensively used in various growth models, e.g., those of Harrod, Domar, Kaldor, and Mahalanobis, and it has also helped the formulation of our First and Second Five Year Plans.2en
dc.titleA critique of the capital output ratio and its application to development planningen
uneca.subject.fulltaxonomyUNBIS::ECONOMIC DEVELOPMENT AND DEVELOPMENT FINANCE::DEVELOPMENTen
uneca.subject.fulltaxonomyUNBIS::ECONOMIC DEVELOPMENT AND DEVELOPMENT FINANCE::DEVELOPMENTen
uneca.subject.fulltaxonomyUNBIS::ECONOMIC DEVELOPMENT AND DEVELOPMENT FINANCE::DEVELOPMENTen
uneca.subject.fulltaxonomyUNBIS::ECONOMIC DEVELOPMENT AND DEVELOPMENT FINANCE::DEVELOPMENT::DEVELOPMENT PLANNINGen
uneca.subject.fulltaxonomyUNBIS::ECONOMIC DEVELOPMENT AND DEVELOPMENT FINANCE::DEVELOPMENT::DEVELOPMENT PLANNINGen
uneca.subject.fulltaxonomyUNBIS::ECONOMIC DEVELOPMENT AND DEVELOPMENT FINANCE::DEVELOPMENT::DEVELOPMENT PLANNINGen
uneca.subject.fulltaxonomyUNBIS::ECONOMIC DEVELOPMENT AND DEVELOPMENT FINANCE::DEVELOPMENT::DEVELOPMENT STRATEGIESen
uneca.subject.fulltaxonomyUNBIS::ECONOMIC DEVELOPMENT AND DEVELOPMENT FINANCE::DEVELOPMENT::DEVELOPMENT STRATEGIESen
uneca.subject.fulltaxonomyUNBIS::ECONOMIC DEVELOPMENT AND DEVELOPMENT FINANCE::DEVELOPMENT::DEVELOPMENT STRATEGIESen
uneca.subject.fulltaxonomyUNBIS::ECONOMIC DEVELOPMENT AND DEVELOPMENT FINANCE::DEVELOPMENT::REGIONAL PLANNINGen
uneca.subject.fulltaxonomyUNBIS::ECONOMIC DEVELOPMENT AND DEVELOPMENT FINANCE::DEVELOPMENT::REGIONAL PLANNINGen
uneca.subject.fulltaxonomyUNBIS::ECONOMIC DEVELOPMENT AND DEVELOPMENT FINANCE::DEVELOPMENT::REGIONAL PLANNINGen
uneca.subject.fulltaxonomyUNBIS::GEOGRAPHICAL DESCRIPTORS::AFRICA::SENEGALen
uneca.subject.fulltaxonomyUNBIS::GEOGRAPHICAL DESCRIPTORS::AFRICA::SENEGALen
uneca.subject.fulltaxonomyUNBIS::GEOGRAPHICAL DESCRIPTORS::AFRICA::SENEGALen
uneca.creatorCorporate.fulltaxonomyCorporate Authors::United Nations. Economic Commission for Africa. African Institute for Economic Development and Planning(IDEP)en
ags.creatorCorporateUnited Nations. Economic Commission for Africa. African Institute for Economic Development and Planning(IDEP)en
ags.subjectClassification02.04.00 DEVELOPMENTen
ags.descriptionNotesIn, Streeten, Paul "The Frontiers of Development Studies".en
ags.publisherPlaceDakaren
ags.publisherNameUN. IDEPen
dc.date.accessioned2019-09-10T07:41:42Z
dc.date.available2019-09-10T07:41:42Z
dc.date.issued1981-12
dc.identifier.urihttps://hdl.handle.net/10855/42353
dc.format.extent59 p.
dc.languageeng
dc.typeBook chapter
uneca.workflow.processedtrue
ags.creatorPersonalMansour, Fawzy
ags.availabilityNumberb11931231
ags.availabilityNumber1981
ags.availabilityLocationIDEP
ags.rights.termsofusepublic
ags.RNREPRODUCTION/09-81
ags.JNb11931231
uneca.language.supporteden


Files in this item

Thumbnail

This item appears in the following Collection(s)