Balanced growth in a modified von Neumann model

1964 ◽  
Vol 24 (4) ◽  
pp. 365-370
Author(s):  
Wahidul Haque

2021 ◽  
Vol 19 (8) ◽  
pp. 1568-1592
Author(s):  
Nikolai I. KURYSHEV

Subject. This article deals with the problem of constructing a Leontief's input–output matrix. Objectives. The article aims to determine the rules for constructing a Leontief's input–output matrix on the basis of data on production time and quantity of product output. Methods. For the study, I used the methods of logical and mathematical analyses. Results. The article formulates the rules for constructing a Leontief's input–output matrix, taking into account differences in the time of production, quantity of output, as well as the conditions for the reproduction of the resources expended. It summarizes these rules for the J. von Neumann model. Conclusions. The proposed approach to the analysis of the material mechanism of economic reproduction defines the relationship between the quantitative and cost characteristics of the production and consumption of products and resources. This relationship opens up new opportunities for the application of input–output models to create simple and accurate algorithms for identifying and predicting the macroeconomic trends.



2019 ◽  
pp. 53-69
Author(s):  
John.M Blatt
Keyword(s):  


1990 ◽  
pp. 30-40
Author(s):  
Richard M. Goodwin


1965 ◽  
Vol 6 (1) ◽  
pp. 115 ◽  
Author(s):  
Hanjiro Haga ◽  
Mikiro Otsuki
Keyword(s):  


2011 ◽  
Vol 474-476 ◽  
pp. 11-14
Author(s):  
Fang Qin Xu ◽  
Lei Jiang

A stochastic Von Neumann model to describe companies’ input-output process on mobile services is provided. Through the theories from input-output economics, an extended singular stochastic Von Neumann model on mobile service is researched. The problem of stability of this kind of stochastic Von Neumann model on mobile services is researched. A new mathematic method is applied to study the singular systems without converting them into general systems. The parameter uncertainties are considered. A new stability criterion for the extended stochastic Von Neumann model is given to ensure the stability of input-output model.



2011 ◽  
Vol 55-57 ◽  
pp. 101-104
Author(s):  
Yong Heng Li ◽  
Xia Li

The Von Neumann Model on national economical system is investigated. A new discrete-time input-output model on national economic system based on the classic Von Neumann Model is provided and the stability of this kind of model is researched. This new system belongs to the singular system. By the new mathematic method, this singular linear system will not be converted into the general linear system. Finally, a sufficient stability condition under which the discrete-time singular Extended Von Neumann Model is admissible is proved.





Kyklos ◽  
1967 ◽  
Vol 20 (4) ◽  
pp. 387-410 ◽  
Author(s):  
Oskar Morgenstern ◽  
Gerald L. Thompson


1980 ◽  
Vol 32 (1) ◽  
pp. 51-62 ◽  
Author(s):  
Neri Salvadori
Keyword(s):  


2006 ◽  
Vol 28 (1) ◽  
pp. 95-109 ◽  
Author(s):  
Nicola Giocoli

The year 2003 marked the 100th anniversary of the birth of John von Neumann (1903–1957), one of greatest geniuses of the last century. Beyond contributing to fields as diverse as set theory, quantum mechanics, atomic energy, and automatic computing, von Neumann has also had a decisive influence upon modern economics. From the invention of game theory to the axiomatization of expected utility, from the introduction of convex analysis and fixed-point techniques to the development of the balanced growth model, the von Neumann heritage can be clearly traced in several areas of our discipline. The aim of this paper is to clarify the relationship between the two concepts of rationality he devised in his classic 1944 book Theory of Games and Economic Behavior, written with the collaboration of the Austrian economist Oskar Morgenstern (von Neumann and Morgenstern 1953).



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