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The purpose of the System Dynamics method is to study the relationship between structure and behavior in non-linear, dynamic systems. In such systems, the significance of various structural components to the behavior pattern exhibited, changes as the behavior unfolds. Changes in structural...
Persistent link: https://www.econbiz.de/10013125903
In the real world, the theory of economic faces many obstacles in its analyses and interpretations. One of these problems is overlapping relationships between specific variables and difficulty of determining perfect formulation which contain all possible effect. Traditional statistics tools like...
Persistent link: https://www.econbiz.de/10013125941
The current paper reviews various measurements and analytical methods of poverty. Poverty can be construed as a state of necessity in which freedom is absent. That brings the question of the political, social and economic structure of a nation. The paper discusses issues of poverty conception,...
Persistent link: https://www.econbiz.de/10013068493
The current paper reviews the impacts and effects of technical transfer and change on the economic patterns of developing countries. It has been postulated that production factors, labor and capital have the greatest effects on economic and development patterns. However, technical change emerges...
Persistent link: https://www.econbiz.de/10013110272