A dynamic dynamic model of production

Matei Kelemen

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    In this article we establish a model of economic growth. The model is a dynamic one, its dynamics being generated by an objective to be reached. We take into account physical as well as human factors. In a particular case, we have obtained mathematically some conclusions concerning realistic ways of choosing objectives and necessary relations between the growing rates of the industries involved.
    Original languageEnglish
    Pages (from-to)417-427
    Number of pages11
    JournalJournal of mathematical analysis and applications
    Issue number2
    Publication statusPublished - 1990


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