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A New Essay on Von Neumann's Growth Model

Telser L. G. ()
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Telser L. G.: Department of Economics, University of Chicago, Chicago, USA

Man and the Economy, 2018, vol. 5, issue 1, 7

Abstract: There cannot be growth in the v. Neumann growth model where active firms produce inputs and outputs for each other and balance their budgets.

Keywords: economic growth; balanced budgets (search for similar items in EconPapers)
Date: 2018
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DOI: 10.1515/me-2018-0002

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