Social Overhead Capital and Economic Growth

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


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.


Risk Premium Sustained Growth Traditional Theory External Economy Railway Construction 
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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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