Abstract
It is an honor and a pleasure to present my paper at this research conference honoring Professor Ryuzo Sato, a superb colleague and most productive scholar. His outstanding research analyzing production and technological change, Sato (1999a, Sato 1999b) has been appreciated worldwide. Indeed, these topics play a central role in almost all models of industrial sectors and economies, including the models to be discussed below.
Research financed by the National Science Foundation, the CDC Investment Management Corp., and the Alexander Fund, Graduate School of Business, U. of Chicago. Author’s e-mail address: arnold.zellner@gsb.uchicago.edu & web page: http://gsb.uchicago.edu/fac/arnold.zellner.
Research financed by the National Science Foundation, the CDC Investment Management Corp., and the Alexander Fund, Graduate School of Business, U. of Chicago.
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Zellner, A. (2001). The Marshallian Macroeconomic Model. In: Negishi, T., Ramachandran, R.V., Mino, K. (eds) Economic Theory, Dynamics and Markets. Research Monographs in Japan-U.S. Business & Economics, vol 5. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-1677-4_2
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