Showing 1 - 9 of 9
We present an extension of the Goodwin growth-cycle model that considers the rate of capacity utilization as a new variable in an adapted Lotka-Volterra system of differential equations. We derive a differential equation for the capacity utilization that is proportional to the difference between...
Persistent link: https://www.econbiz.de/10012648050
Persistent link: https://www.econbiz.de/10010503592
Persistent link: https://www.econbiz.de/10009674270
Persistent link: https://www.econbiz.de/10011411744
Persistent link: https://www.econbiz.de/10011568125
Persistent link: https://www.econbiz.de/10011583415
Persistent link: https://www.econbiz.de/10011972619
Persistent link: https://www.econbiz.de/10011825341
Persistent link: https://www.econbiz.de/10014479167