INTERNATIONAL ECONOMIC REVIEW May 1965.

Autor: Nerlove, Marc, Ranis, Gustav, Fei, John C. H., Winter, Jr., Sidney G., Blumenthal, Tuvia, Bird, Roger C., Desai, Meghnad J., Enzler, Jared J., Taubman, Paul J., Furuno, Yoichi
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Zdroj: Journal of Economic Abstracts; Mar66, Vol. 4 Issue 1, p66-69, 4p
Abstrakt: The article discusses the abstracts of several papers on economics published in the May 1965 issue of the journal "International Economic Review." The first article "Two Models of the British Economy: A Fragment of a Critical Survey," by Marc Nerlove, represents a portion of survey covering macroeconometric models of the Klein-Tinbergen Variety; that is, model based on time series and fundamentally of a Keynesian nature. The second article of the journal "Innovational Intensity and Factor Bias in the Theory of Growth," by Gustav Ranis and John C.H. Fei, makes a rigorous presentation of some well-known concepts of innovational intensity and bias and demonstrates the existence of a linear relationship between them. The third article is "Some Properties of the Closed Linear Model of Production," by Sidney G. Winter. Four assumptions are typically used to characterize the most general type of closed linear production model: convexity and closedness of the production cone, costless disposal, impossibility of something from nothing, every commodity is producible.
Databáze: Complementary Index