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Some Notes on the Choice of Capital-Intensity in Development Planning

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  • Amartya Kumar Sen

Abstract

I. Various criteria and their evaluation, 561; rate-of-turnover criterion, 561; social marginal productivity criterion, 562; reinvestment criterion, 564; an alternative, time series criterion, 568. — II. Application of these criteria to some models, 571; the first model, on the contrast between the criteria; the importance of labor cost, 571; the second model, on the foreign exchange consideration, 577; the third model, on the choice involving time, 582.

Suggested Citation

  • Amartya Kumar Sen, 1957. "Some Notes on the Choice of Capital-Intensity in Development Planning," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 71(4), pages 561-584.
  • Handle: RePEc:oup:qjecon:v:71:y:1957:i:4:p:561-584.
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    Cited by:

    1. Karshenas M., 1989. "Intersectoral resource flows and development: lessons of past experience," ILO Working Papers 992686643402676, International Labour Organization.
    2. repec:ilo:ilowps:268664 is not listed on IDEAS
    3. A. K. Shiva Kumar, 2014. "Growth, Private Markets and the State: Lessons from India," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 15(4), pages 414-417, November.
    4. Han, Junhee & Lee, Keun, 2022. "Heterogeneous technology and specialization for economic growth beyond the middle-income stage," Economic Modelling, Elsevier, vol. 112(C).

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