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The Resource Balanced and Cyclical Growth in Models of Decentralized Economy, by Alexander P. Abramov, (electronic resource)

Balanced and Cyclical Growth in Models of Decentralized Economy, by Alexander P. Abramov, (electronic resource)

Label
Balanced and Cyclical Growth in Models of Decentralized Economy
Title
Balanced and Cyclical Growth in Models of Decentralized Economy
Statement of responsibility
by Alexander P. Abramov
Creator
Contributor
Subject
Language
eng
Summary
This book is devoted to the study of dynamical models of decentralized economic systems. The models considered are based on the Leontief simple dynamic model with various mechanisms for decentralized planning and management. Branches of the economic system are treated as fully independent economic agents that plan their work according to their own purposes. It is shown that the lack of coordination between economic agents leads to a limit cycle for some economic indicators. Conversely, the exchange of information between the economic agents enables a move toward balanced growth. These results are generalized for the model with dynamics of the productive assets and for the model with the final consumption. The analysis also considers a problem of endogenous technological progress in a decentralized economy. The appendix includes a short review of non-negative matrices. The book offers a valuable resource for mathematical economists and graduate students specializing in mathematical economics
Member of
Is part of
http://library.link/vocab/creatorName
Abramov, Alexander P
Dewey number
  • 330.0151
  • 330
LC call number
HB144
http://library.link/vocab/relatedWorkOrContributorName
SpringerLink (Online service)
Series statement
Lecture Notes in Economics and Mathematical Systems,
Series volume
672
http://library.link/vocab/subjectName
  • Economics
  • Mathematics
  • Endogenous growth (Economics)
  • Macroeconomics
  • Economics, Mathematical
  • Economics/Management Science
  • Game Theory/Mathematical Methods
  • Economic Growth
  • Game Theory, Economics, Social and Behav. Sciences
  • Macroeconomics/Monetary Economics
Label
Balanced and Cyclical Growth in Models of Decentralized Economy, by Alexander P. Abramov, (electronic resource)
Instantiates
Publication
Contents
Introduction.-Balanced Growth in Decentralized Economies -- Transition to Balanced Growth -- The Finance of the Transition Phase -- Production Capacities in Decentralized Economies -- Models of Technological Progress in Decentralized Economies -- Cyclical Growth in Decentralized Economies.-Final Consumption -- Appendix: Nonnegative Matrices -- Index
Control code
OCM1bookssj0001295386
Dimensions
unknown
Extent
XII, 194 pages
Governing access note
License restrictions may limit access
Isbn
9783319079165
Isbn Type
(print)
Other control number
10.1007/978-3-319-07917-2
Other physical details
online resource.
Specific material designation
remote
System control number
(WaSeSS)ssj0001295386
Label
Balanced and Cyclical Growth in Models of Decentralized Economy, by Alexander P. Abramov, (electronic resource)
Publication
Contents
Introduction.-Balanced Growth in Decentralized Economies -- Transition to Balanced Growth -- The Finance of the Transition Phase -- Production Capacities in Decentralized Economies -- Models of Technological Progress in Decentralized Economies -- Cyclical Growth in Decentralized Economies.-Final Consumption -- Appendix: Nonnegative Matrices -- Index
Control code
OCM1bookssj0001295386
Dimensions
unknown
Extent
XII, 194 pages
Governing access note
License restrictions may limit access
Isbn
9783319079165
Isbn Type
(print)
Other control number
10.1007/978-3-319-07917-2
Other physical details
online resource.
Specific material designation
remote
System control number
(WaSeSS)ssj0001295386

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