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Satiation in an evolutionary model of structural economic dynamics

✍ Scribed by Esben Sloth Andersen

Publisher
Springer-Verlag
Year
2001
Tongue
English
Weight
120 KB
Volume
11
Category
Article
ISSN
0936-9937

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In this paper we investigate the relationship between the time delay for building investment goods and cycles under the conditions of general equilibrium. We introduce a delay parameter in the spirit of Kalecki into the simplest class of models of growth theory. They encompass a wide range of models