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
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)
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