Balanced and Cyclical Growth in Models of Decentralized Economy

This book is devoted to the study of dynamical models of decentralized economic systems. The models considered are based on the Leontief simple dynamic model with various mechanisms for decentralized planning and management. Branches of the economic system are treated as fully independent economic a...

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Main Author: Abramov, Alexander P. (Author, http://id.loc.gov/vocabulary/relators/aut)
Corporate Author: SpringerLink (Online service)
Language:English
Published: Cham : Springer International Publishing : Imprint: Springer, 2014.
Edition:1st ed. 2014.
Series:Lecture Notes in Economics and Mathematical Systems, 672
Subjects:
Online Access:https://doi.org/10.1007/978-3-319-07917-2
Table of Contents:
  • Introduction.- Balanced Growth in Decentralized Economies
  • Transition to Balanced Growth
  • The Finance of the Transition Phase
  • Production Capacities in Decentralized Economies
  • Models of Technological Progress in Decentralized Economies
  • Cyclical Growth in Decentralized Economies.- Final Consumption
  • Appendix: Nonnegative Matrices
  • Index.