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Investment Criteria, Productivity, and Economic Development

Author

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  • Walter Galenson
  • Harvey Leibenstein

Abstract

I. A suggested criterion for investment allocation, 343. — II. The case for high labor productivity in underdeveloped areas, 353; the level of labor productivity in underdeveloped areas, 353; labor productivity and capital allocation, 355; population growth and development, 363; some obstacles to high labor productivity in backward areas, 367. — III. Conclusion, 369.

Suggested Citation

  • Walter Galenson & Harvey Leibenstein, 1955. "Investment Criteria, Productivity, and Economic Development," The Quarterly Journal of Economics, Oxford University Press, vol. 69(3), pages 343-370.
  • Handle: RePEc:oup:qjecon:v:69:y:1955:i:3:p:343-370.
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    File URL: http://hdl.handle.net/10.2307/1885846
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    Cited by:

    1. Partha Gangopadhyay & Biswa N. Bhattacharyay, 2012. "Can there be a Wave-Like Association between Economic Growth and Inequality? Theory and Lessons for East Asia from the Middle East," CESifo Working Paper Series 3953, CESifo Group Munich.
    2. Nancy Birdsall, 2008. "Income Distribution: Effects on Growth and Development," Chapters,in: International Handbook of Development Economics, Volumes 1 & 2, chapter 48 Edward Elgar Publishing.
    3. Obregon, Carlos, 2018. "Globalización visiones equivocadas
      [Globalization misguided views]
      ," MPRA Paper 86396, University Library of Munich, Germany.
    4. Obregon, Carlos, 2018. "Globalization misguided views," MPRA Paper 85813, University Library of Munich, Germany.
    5. Adam Przeworski & Fernando Limongi, 1993. "Political Regimes and Economic Growth," Journal of Economic Perspectives, American Economic Association, vol. 7(3), pages 51-69, Summer.
    6. Bharadwaj K., 1989. "Formation of rural labour markets: an analysis with special reference to Asia," ILO Working Papers 992679613402676, International Labour Organization.

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