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Dynamic Models and Economic Growth
World Development, 1975In this paper I propose to examine critically the validity of standard dynamic models as adequate representations of actual processes and hence as safe instruments of economic planning. Specifically, I will deal with the question of whether these models cover all the important factors involved in the process of reiterative equilibria, as each situation
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Modeling Economic Growth [PDF]
The theory of moderne economic growth is based on formulation and establishment of a certain model for the use and combination of the influence factors that are to ensure a maximum efficiency per spent unit and the protection of environment, because the presence of all factors of economic growth is hard to achieve.
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Modelling China’s Economic Growth
2017This chapter sets the stage for the questions which the writing of the book seeks to answer; and the methodology for seeking the answers. Moreover, the central theme of the book is reiterated in the context of the questions and the methodology. In this context, the central theme of the book is that while the market reforms of the post 1978 period and ...
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Economic Growth Differential Model and Short-Term Economic Growth Momentum
2011Based on the income determination theory, the Economic Growth Differential Model is established to help a country make reasonable economic strategy to achieve the short-term economic goals. Furthermore, there are empirical analysis of economic growth momentum in China in 2009, to identify the main problems and the main strategy of economic growth in ...
Fan Decheng, Liu Kan
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THE ECONOMIC GROWTH. MODELS OF ECONOMIC GROWTH
Прогрессивная экономика, 2022Lupin Gao, R.A. Sabitov
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Optimization of Economic Growth Model
IFAC Proceedings Volumes, 2003Abstract An optimal control problem for the economic growth model is under consideration. Optimal open-loop solutions are constructed on the base of the sufficient optimality conditions. Final result is presented as optimal feedback controls.
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Three Models of Economic Growth
1966Publisher Summary This chapter is concerned with various simple models of economic growth. It examines three models, including the multiplier-accelerator model, two-sector model for investment planning, and an optimizing allocation mode. All three models are set out in a very simple form.
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Endogenicity of economic growth models
Technological Forecasting and Social Change, 2005Abstract In his celebrated 1956 article, “A Contribution to the Theory of Economic Growth,” Solow calibrated the stylized facts of economic growth observed in the Western developed countries and summed up by Kaldor. Solow reconciled steady-state rate of growth of per capita output with constant capital/output and capital/labor ratios by introducing ...
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