A necessary and sufficient condition for the positivity of the growth rate in the Neumann–Gale model of economic growth

Péter Medvegyev

Journal of Mathematical Economics, 2013, vol. 49, issue 2, 173-176

Abstract: In the paper I will discuss an extension of the classical problem of the positivity of the growth rate in the Gale–Neumann model. I will show that the exploitation of the labour is a necessary and sufficient condition for the positivity of the growth rate.

Keywords: Gale model; Linear programming; Infinite inequalities (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:mateco:v:49:y:2013:i:2:p:173-176

DOI: 10.1016/j.jmateco.2013.01.003

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