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National product functions in comparative steady-state analysis

by Manning, R; Markusen, J.R.
Material type: materialTypeLabelBookCall number: E10 M281 Series: Working Paper - The Centre for the Study of International Economic Relations (Canada) no. 8808C. Publisher: London (Canadá): The University of Western Ontario, 1988Description: 35 p.Summary: The structural properties of steady states are well understood for multisector models, but the comparative dynamics fo longrun growth are much less developed. By exploiting duality theory, this paper obtains conclusions about these effects for a small, internationally-trading, economy. Arbitrary numbers of consumption and capital goods, and a very general technology, are admitted. Definite conclusions about the shortrun and longrun impact on outputs and factor prices are not always available. Some correlations can be established between vectors of parameter changes and endogeneous variable changes, however. To confirm that some correlations hold it is necessary to impose strong assumptionsSubject(s): DESARROLLO ECONOMICO | CRECIMIENTO ECONOMICO | COMERCIO INTERNACIONAL | PRECIOS | PRODUCTO NACIONAL BRUTO | ANALISIS ESTADISTICO | ECONOMIA DE MERCADO
Item type Location Collection Call number Status Date due Barcode
Serie Serie Colección general E10 M281 (Browse shelf) Available BVE06412004033

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