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An Alternative Approach: Remodelling and Refinements

Michio Morishima

in Theory of Economic Growth

Published in print:
1969
Published Online:
November 2003
ISBN:
9780198281641
eISBN:
9780191596667
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198281641.003.0015
Subject:
Economics and Finance, Development, Growth, and Environmental

The argument developed in the previous chapter was based on the tacit assumption that the production of goods by means of goods and labour is independent of the feeding of labour, and was described ... More


A Neo‐Classical Passage to Growth Equilibrium

Michio Morishima

in Theory of Economic Growth

Published in print:
1969
Published Online:
November 2003
ISBN:
9780198281641
eISBN:
9780191596667
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198281641.003.0003
Subject:
Economics and Finance, Development, Growth, and Environmental

Investigates whether a series of the short‐run equilibria starting from an arbitrarily (or historically) given capital–labour endowment will eventually approach the state of the long‐run or ‘Silvery ... More


Equilibrium Growth (I) Cassel–Von Neumann Ray

Michio Morishima

in Theory of Economic Growth

Published in print:
1969
Published Online:
November 2003
ISBN:
9780198281641
eISBN:
9780191596667
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198281641.003.0007
Subject:
Economics and Finance, Development, Growth, and Environmental

In the previous chapter, the state of balanced growth of all outputs with continued full employment of labour was described in terms of six sets of inequalities. Such a state of affairs has been ... More


Simultaneous Optimization of Population and Capital

Michio Morishima

in Theory of Economic Growth

Published in print:
1969
Published Online:
November 2003
ISBN:
9780198281641
eISBN:
9780191596667
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198281641.003.0016
Subject:
Economics and Finance, Development, Growth, and Environmental

The problem of optimum savings has been discussed by Ramsey on the assumption of a constant population and later by a number of economists on the more general assumption that the labour force expands ... More


Harrodian Knife‐Edge in a Keynes‐Type ‘Fixprice’ Economy

Michio Morishima

in Theory of Economic Growth

Published in print:
1969
Published Online:
November 2003
ISBN:
9780198281641
eISBN:
9780191596667
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198281641.003.0004
Subject:
Economics and Finance, Development, Growth, and Environmental

Among the assumptions underlying the analysis of stability of growth equilibrium already made in the book, the following two have played the most important roles in deriving the conclusions: first, ... More


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