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Recommended readings (Machine generated): Bertil Ohlin (1937a), 'Some Notes on the Stockholm Theory of Savings and Investment I', Economic Journal, XLVII (185), March, 53-69 -- Bertil Ohlin (1937b), 'Some Notes on the Stockholm Theory of Savings and Investment II', Economic Journal, XLVII (186),...
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This book cleverly integrates the research on welfare measurement and social accounting in imperfect market economies. In their previously acclaimed volume, Welfare Measurement, Sustainability and Green National Accounting, the authors focused on the external effects associated with...
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This paper derives a dynamic cost-benefit rule for evaluating large projects. We show that, in addition to the conventional income and consumer surplus measures, the rule also entails an extra term involving capital cost changes.
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