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Are there Limits to Growth?

Oli Hawrylyshyn and Shlomo Maital

Working Paper from Economics Department, Queen's University

Abstract: This paper reviews a number of criticisms made of the World Model. These criticisms suggest substantially greater parameter change than allowed by the original studies. When this is done, the results change, and the basic behaviour mode can exhibit , depending on the parameter values, collapse, damped-oscillation, or a smooth approach to high-level equilibrium.

Pages: 41
Date: 1973
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:qed:wpaper:142

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