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Exploring the concept of social common capital, this book categorizes it into natural capital, social infrastructure, and institutional capital, emphasizing their roles in sustaining human and cultural life. It critiques traditional economic theories, proposing modifications to analyze the economic impacts of social common capital. Additionally, it seeks to identify effective institutional arrangements and policy measures to achieve optimal societal outcomes, providing a comprehensive framework for understanding these essential services and resources.
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Economic Analysis of Social Common Capital, Hirofumi Uzawa
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- Released
- 2013
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- (Hardcover)
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