Summary
The aim of this paper is to examine cyclical developments in special two-sectoral growth-models. In the first part a rather general formulation is made, and it is easily seen that complex solutions, which are responsible for cycles, are not sensible in this case. In the second part, we assume that net investment depends on profits. Here it can be shown that exploding cyclical developments can never take place. A growing tendency may only be superposed by diminishing cycles.
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Literatur
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© 1974 Physica-Verlag, Rudolf Liebing KG, Würzburg
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Ballarini, K. (1974). Zyklen und Trends in speziellen Zweisektorenmodellen. In: Gessner, P., Henn, R., Steinecke, V., Todt, H. (eds) DGOR Papers of the Annual Meeting 1973 / Vorträge der Jahrestagung 1973. Proceedings in Operations Research, vol 1973. Physica-Verlag HD. https://doi.org/10.1007/978-3-642-99747-1_38
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DOI: https://doi.org/10.1007/978-3-642-99747-1_38
Publisher Name: Physica-Verlag HD
Print ISBN: 978-3-7908-0138-5
Online ISBN: 978-3-642-99747-1
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