PROJECTING CAPITAL REQUIREMENTS IN DEVELOPMENT PLANNING

Historical incremental capital output ratios (ICORs) are investigated as tools for projecting investment requirements for economic development. Possible departures of the actural values of these ratios from the projected ones are examined. The empirical results of the trends of historical as compared to planned ICORs in a number of countries which explicitly or implicitly have used such ICORs in their development plans are presented and analyzed. ICORs can be used with some degree of caution as a guide for allocation of capital investment, both overall and to particular sectors or industries, such as agriculture, manufacturing, housing, transportation and utilities. /DOT/

  • Corporate Authors:

    Pergamon Press, Incorporated

    Maxwell House, Fairview Park
    Elmsford, NY  USA  10523
  • Authors:
    • Gianaris, N V
  • Publication Date: 1974-4

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00261989
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Oct 22 1974 12:00AM