Banerjee, Sanjibani; A. Barnett, William; A. Duzhak, … - In: Journal of Economic Dynamics and Control 35 (2011) 9, pp. 1577-1585
The Marshallian Macroeconomic Model in Zellner and Israilevich (2005) provides a novel way to examine sectoral dynamics through the introduction of a dynamic entry/exit equation in addition to the usual demand and supply functions found in models of this class. In this paper we examine the...