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Unemployment, Excess Capacity, and Benefit-Cost Investment Criteria

Author

Listed:
  • Haveman, Robert
  • Krutilla, John

Abstract

In this paper we present a model designed to relate the detailed occupational and industrial demands imposed on the economy by several types of water resource investment. This detail provides the basis for adjusting the market cost of such public investments under the employment conditions prevailing in the 1957- 1965 period.

Suggested Citation

  • Haveman, Robert & Krutilla, John, 1966. "Unemployment, Excess Capacity, and Benefit-Cost Investment Criteria," MPRA Paper 9872, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:9872
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    File URL: https://mpra.ub.uni-muenchen.de/9872/1/MPRA_paper_9872.pdf
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    More about this item

    Keywords

    water resources; benefit cost analysis; unemployment;
    All these keywords.

    JEL classification:

    • H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • H00 - Public Economics - - General - - - General

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