Abstract:
For the purpose of determining the influence of the amount of savings circulating in national economy on that economy's growth or drop, a discrete mathematical model with one commodity was developed describing its production as a function of joint investments, depreciation, and introduction of technical novelties, and its consumption as a function of current production discounted by the amount of savings repouring into the next phase of commodity's production.
JEL-codes:E27 (search for similar items in EconPapers) Date: 1997-06-25 Note: 8 pages, Microsoft Word View citations in EconPapers