Economic Growth at a Maximal Rate

Tjalling Koopmans

Chapter Chapter 1 in Activity Analysis in the Theory of Growth and Planning, 1967, pp 3-42 from Palgrave Macmillan

Abstract: Abstract In 1936, John von Neumann published, in an Austrian mathematical periodical little known to economists, a paper (von Neumann, 1937)3 that has greatly influenced economic theory up to the present time, and of which all the ramifications have perhaps not yet become fully apparent.

Keywords: Interest Rate; Maximal Rate; Growth Theory; Price System; Growth Path (search for similar items in EconPapers)
Date: 1967
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DOI: 10.1007/978-1-349-08461-6_1

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