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Social Overhead Capital and Economic Growth

  • Paul H. Cootner
Part of the International Economic Association Series book series (IEA)

Abstract

The purpose of this paper is to re-examine some of the theoretical and empirical implications of existing ideas about the rôle of social overhead capital in the process of economic growth. In the course of this inquiry these ideas are found wanting in several important respects, and as a result, I have formulated some new hypotheses which are more general in scope and better able to explain the limited data available.

Keywords

Risk Premium Sustained Growth Traditional Theory External Economy Railway Construction 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© International Economics Association 1963

Authors and Affiliations

  • Paul H. Cootner
    • 1
  1. 1.Massachusetts Institute of TechnologyUSA

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