Is capacity utilization variable in the long run? : an agent-based sectoral approach to modeling hysteresis in the normal rate of capacity utilization
Year of publication: |
2022
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Authors: | Bassi, Federico ; Bauermann, Tom ; Lang, Dany ; Setterfield, Mark |
Published in: |
Structural change and economic dynamics : SC+ED. - Amsterdam : Elsevier, ISSN 0954-349X, ZDB-ID 1055942-5. - Vol. 63.2022, p. 196-212
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Subject: | Genuine hysteresis | Harrodian instability | Kaleckian growth theory | Normal rate of capacity utilization | Kapazitätsauslastung | Capacity utilization | Hysterese | Hysteresis | Wachstumstheorie | Growth theory | Produktionskapazität | Production capacity | Produktionspotenzial | Potential output | Agentenbasierte Modellierung | Agent-based modeling |
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