Balanced and Cyclical Growth in Models of Decentralized Economy

• Main Author: Abramov, Alexander P. (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2014.
• Series: Lecture Notes in Economics and Mathematical Systems, 672
• Subjects: Game theory.; Economic theory.; Macroeconomics.; Economic growth.; Economics.; Economic Theory/Quantitative Economics/Mathematical Methods.; Economic Growth.; Game Theory, Economics, Social and Behav. Sciences.; Macroeconomics/Monetary Economics//Financial Economics.

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 a...

Table of 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.