Public Investment Criteria

Zusatztext

Explains how the trade pattern among regions is variable and is endogenously determined by the impact of public investments such as highways and high-speed railways Demonstrates that the public investment pattern reflects the opportunity cost of the assigned budget that could be spent for varieties of other investment targets  Shows that by analyzing calculated opportunity cost, imputed price, and costate variables, the essence of the comprehensive programming model can be understood

Autorenportrait

Emeritus Professor, The University of Tsukuba, Japan

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