Economic Development And Planning: Essays In Honour Of Jan Tinbergen

Economic Development and Planning Publisher's Note Two further volumes of ESSAYS IN HONOUR OF JAN TINBERGEN, also edited by Willy Sellekaerts, are published simultaneously: INTERNATIONAL TRADE AND FINANCE and ECONOMETRICS AND ECONOMIC THEORY. Jan Tinbergen Economic Development and Planning Essays in Honour of Jan Tinbergen Edited by Willy Sellekaerts Palgrave Macmillan Editorial matter and selection © Willy Sellekaerts 1974 Chapter 1 © Irma Adelman and Cynthia Taft Morris 1974 Chapter [email protected] Bela Balassa 1974 Chapter 3 © V. S. Dadajan 1974 Chapter 4 @ John C. H. Fei and Gustav Ranis 1974 Chapter 5 @ Karl A. Fox 1974 Chapter [email protected] Arnold C. Harberger 1974 Chapter 7 @Harry G. Johnson 1974 Chapter 8 @ H. Leibenstein 1974 Chapter [email protected] John Letiche 1974 Chapter 10 @ Hans W. Singer 1974 Softcover reprint of the hardcover 1st edition 1974 978-0-333-14976-8 All rights reserved. No part of this publication may be reproduced or transmitted, in any form or by any means, without permission. First published 1974 by THE MACMILLAN PRESS LID London and Basingstoke Associated companies in New York Dublin Melbourne Johannesburg and Madras SBN 333 14976 9 ISBN 978-1-349-01935-9 ISBN 978-1-349-01933-5 (eBook) DOI 10.1007/978-1-349-01933-5 Contents Preface vii Introduction Bent Hansen ix 1 The Derivation of Cardinal Scales from Ordinal Data: An Application of Multidimensional Scaling to Measure Levels of National Development Irma Adelman and Cynthia Taft Morris 2 Project Appraisal in Developing Countries Bela Balassa 3 A Long-Term Macroeconomic Forecasting Model of the Soviet Economy V. S. Dadajan 4 Technological Transfer, Employment and Development John C. H. Fei and Gustav Ranis 5 Combining Economic and Noneconomic Objectives in Development Planning: Problems of Concept and Measurement Karl A. Fox 6 The Case of the Three Numeraires Arnold C. Harberger 7 An Informal Classical Model of the Current Economic Development Problem Harry G. Johnson 8 Efficiency Wages, X-Efficiency, and Urban Unemployment H. Leibenstein 9 Dependent Monetary Systems and Economic Development: The Case of Sterling East Africa John Letiche 10 International Policies and their Effect on Employment Hans W. Singer 1 41 61 15 104 142 157 168 186 237 Bibliography of Jan Tinbergen 251 Index 263 Preface In 1969 Ragnar Frisch and Jan Tinbergen were selected to share the first Nobel Prize in Economics. As former students of Professor Tinbergen my wife and I decided to honour him by compiling and editing a collection of previously unpublished articles, written by leading economists. In order to create a lasting monument to Jan Tinbergen we decided to use the royalties from the volume to create a scholarship fund from which outstanding Dutch students in economics will receive financial assistance during their first year of study in the North American university of their choice. Further details will later be arranged with the Netherlands School of Economics in Rotterdam. Several North American and European economists were invited to write a paper, preferably focusing on Tinbergen's pathbreaking work in international trade, economic development and planning, econometrics and economic theory. Most invited economists readily accepted the invitation. I thank all the contributors for their continuous interest and spontaneous co-operation during the two years between the mailing of the invitations and the completion of the manuscript.