Carte Optimal Growth with Many Sectors Franz Gehrels

Optimal Growth with Many Sectors

Autor: Franz Gehrels
Limbă: engleză
Legare: Carte broșată
Editura: Peter Lang AG
Disponibilitate: La editor doar la comandă
Expediem în 17-27 zile
274.66 lei
The overriding force in economic growth is progress, both in general state of the arts, and in appli...

Informații despre carte

Limbă
engleză
Legare
Carte - Carte broșată
Publicat
2002
Pagini
190
EAN
9783631391747
ISBN
9783631391747
Enbook ID
10025815
Editura
Greutate
262
Dimensiuni
209 x 150 x 12

Descriere completă

The overriding force in economic growth is progress, both in general state of the arts, and in applied technology. These are qualitatively different and their optimization is explored with dynamic programming. With numerous goods and factors of production the production frontier becomes a hyperplane. Its dimensionality depends on the number and positioning of activities around the vector of factor endowments, as is shown with the simplex method. There may be market distortions of the ceiling and departures from it; policy measures are examined for the U.S. and Germany.

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