Almost “very strong” multilane turnpike effect in a non-stationary Gale economy with a temporary von Neumann equilibrium and price constraints
Mathematical models of economic dynamics and growth are usually expressed in terms of differential equations/inclusions (in the case of continuous time) or difference equations/inclusions (if discrete time is assumed).3 This class of models includes von Neumann-Leontief-Gale type dynamic input-outpu...
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| Format: | Article |
| Language: | English |
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Sciendo
2020-06-01
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| Series: | Economics and Business Review |
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| Online Access: | https://doi.org/10.18559/ebr.2020.2.5 |