Abstract
A new formulation is given for the well-known problem of investment allocation between regions in the framework of a planning model. The case of a dual economy with a Cobb-Douglas production function is worked out in detail with an illustrative numerical example. The corresponding problem for an industrial economy with income disparity between two regions is also discussed.
| Original language | Undefined |
|---|---|
| Pages (from-to) | 205-213 |
| Journal | Regional Science and Urban Economics |
| Volume | 11 |
| Issue number | 2 |
| DOIs | |
| Publication status | Published - 1981 |
Keywords
- IR-68818