On the Importance of Lags in Growth Models.
Abstract
The report offers some theoretical considerations on the role of lags and capital formation in growth models as well as the results of some numerical computations. Although valid for more general models, the theoretical discussion is made in the framework of Tsukui's model. The computations are those of expansion factors in models of the von Neumann type. They have been done to explore the nature of bias in expansion factors resulting from different simplifying assumptions. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Jun 01, 1970
- Accession Number
- AD0723097
Entities
People
- Michel Truchon
Organizations
- Carnegie Mellon University