Książka Optimal Growth with Many Sectors Franz Gehrels

Optimal Growth with Many Sectors

Autor: Franz Gehrels
Język: Angielski
Oprawa: Miękka
Wydawca: Peter Lang AG
Dostępność: Na zamówienie
Wysyłamy za 17-27 dni
226.30
The overriding force in economic growth is progress, both in general state of the arts, and in appli...

Informacje o książce

Język
Angielski
Oprawa
Książka - Miękka
Data wydania
2002
strony
190
EAN
9783631391747
ISBN
9783631391747
Enbook ID
10025815
Wydawca
Waga
262
Wymiary
209 x 150 x 12

Pełny opis

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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