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Lawrence Klein
A chapter in The International Allocation of Economic Activity, 1977, pp 531-537 from Palgrave Macmillan
Abstract:
Abstract This is a stupendous model — a truly beautiful piece of work — that makes a unique contribution to the conference, namely, portrays a realistic model of general equilibrium in the global sense. It is not only global in that it is a world model, but also by extending the boundaries of strict economic analysis to such important subjects as food, resources, pollution, and demography, mostly but not entirely in a full feedback mode. It is right in step with this symposium through its detailed emphasis on trade and payments.
Keywords: Global Sense; Domestic Output; Investment Ratio; Trade Growth; Sustained Growth Rate (search for similar items in EconPapers)
Date: 1977
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-03196-2_48
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DOI: 10.1007/978-1-349-03196-2_48
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