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The Dynamized Leontief Model

  • A. R. G. Heesterman
Chapter
  • 48 Downloads
Part of the International Studies in Economics and Econometrics book series (ISEE, volume 3)

Abstract

We now make some restrictive assumptions. We assume B, the matrix of output-coefficients, to be a unit matrix instead of an (arbitrary) aggregation matrix. This is the standard Leontief assumption of one and only one good, and one and only one process for each sector. We may think that this is in fact because other processes are uneconomical, but we will not consider the formal specification of alternative processes nor of complementary outputs.

Keywords

Capital Stock Capital Good Economic Planning Balance Growth Efficiency Price 
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Copyright information

© D. Reidel Publishing Company, Dordrecht, Holland 1971

Authors and Affiliations

  • A. R. G. Heesterman

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