A New Essay on Von Neumann's Growth Model

A New Essay on Von Neumann's Growth Model

There cannot be growth in the v. Neumann growth model where active firms produce inputs and outputs for each other and balance their budgets.

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:Man and the economy 2018-01, Vol.5 (1)
1. Verfasser: Telser, L. G.
Format: Artikel
Sprache:eng
Schlagworte:
balanced budgets
Budgets
Commodities
economic growth
Economic models
Equilibrium
Growth models
Inequality
Interest rates
Prices
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Beschreibung
Zusammenfassung:There cannot be growth in the v. Neumann growth model where active firms produce inputs and outputs for each other and balance their budgets.
ISSN:2196-9647
2196-9639
2196-9647
DOI:10.1515/me-2018-0002