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Persistent link: https://www.econbiz.de/10010473540
This paper proposes an analytical approach to growth modelling that focuses on the temporal and hence the organizational dimension of real production processes, rather than making use of a production function, which is a pure technical relationship. This approach takes advantage of the...
Persistent link: https://www.econbiz.de/10010776784
This paper describes the out-of-equilibrium approach to the analysis of economic processes. We argue that such an approach is adapted to study qualitative (or structural) changes, like technical progress or changes in preferences. Truly sequential analyses manage to capture the essential...
Persistent link: https://www.econbiz.de/10011158528