Mathematical Formalization of the Economic Social Communitarian Productive Model
David Quiroz () and
Luis Arce
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Luis Arce: Ministerio de Economía y Finanzas Públicas
Cuadernos de Investigación Económica Boliviana, 2015, vol. 1, issue 1, 1-31
Abstract:
The purpose of this work is to mathematically formalize the Economic Social Communitarian Productive Model implemented in Bolivia since 2006. For this purpose, a mathematic model is developed based on a super-predator model, in which the solutions are obtained through Lokta-Volterra type equations. The model shows that with economic surpluses’ transfers from the strategic sector toward the income and employment generating sector, it is possible to achieve sustained economic growth.
Keywords: Economic Model; Dynamic Systems (search for similar items in EconPapers)
JEL-codes: C02 C61 P27 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:efp:journl:v:1:y:2015:i:1:p:1-31
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