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  • Book
  • © 1971

Allocation Models and their Use in Economic Planning

Authors:

  1. A. R. G. Heesterman
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Part of the book series: International Studies in Economics and Econometrics (ISEE, volume 3)

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Table of contents (12 chapters)

  1. Front Matter

    Pages I-XIV
    PDF

  2. Allocation, Investment and Efficiency Prices in Input-Output Type Models

    1. Front Matter

      Pages 1-1
      PDF

    2. What is Efficiency?

      • A. R. G. Heesterman
      Pages 3-8

    3. The Generalized Input-Output Model

      • A. R. G. Heesterman
      Pages 9-66

    4. Inter-Temporal Allocation in the Generalized Model

      • A. R. G. Heesterman
      Pages 67-91

    5. The Balanced Growth Frontier

      • A. R. G. Heesterman
      Pages 92-104

    6. The Dynamized Leontief Model

      • A. R. G. Heesterman
      Pages 105-115

    7. Foreign Trade in the National Economy Model

      • A. R. G. Heesterman
      Pages 116-123

  3. The Evaluation of Individual Projects

    1. Front Matter

      Pages 125-125
      PDF

    2. The Costing Problem

      • A. R. G. Heesterman
      Pages 127-135

    3. Discounted Cash Flow in the Standard Case

      • A. R. G. Heesterman
      Pages 136-155

    4. Increasing Returns to Scale

      • A. R. G. Heesterman
      Pages 156-161

    5. Some Special Evaluation Problems in Particular Sectors

      • A. R. G. Heesterman
      Pages 162-164

  4. Capita Selecta on Economic Policy

    1. Front Matter

      Pages 165-165
      PDF

    2. The Distribution of Outputs

      • A. R. G. Heesterman
      Pages 167-175

    3. Opportunity Cost and Exchange Price

      • A. R. G. Heesterman
      Pages 176-183

  5. Back Matter

    Pages 184-203
    PDF
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About this book

Three different lines of approach have contributed to the theory of optimal planning. One approach considers the problem from the view-point of a national government and its adviser, the econometrician planning speci­ alist. The government can, if this is thought to be desirable, stimulate investment in certain directions and discourage other economic activities. By various fiscal devices, it can influence both the total level and the distribution of investment funds over different sectors of production. Also, in many countries, a public agency plays some kind of coordinat­ ing role in the formulation of long-term plans for output by the enter­ prises sector; this may range from administrative direction in so-called centrally planned economies, to persuasion and advice in 'capitalist' economies. Accordingly, the public planner wishes to know what dis­ tribution of the nation's resources would be 'optimal'. This leads to the construction of various models which may be described under the general heading 'input-output type models'. This type of model has been largely developed by practitioners, among whom Sandee [B2] is probably the most outstanding and the earliest. A later, well-developed example of a model based on this approach is, for example, the Czech model by Cerny et al. [Bl]. A second approach considers the problem from the point of view of the private entrepreneur and his adviser, the manager and financial accountant.
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Buy it now

eBook USD 84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

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