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28.024  Articles
1 of 2.803 pages  |  10  records  |  more records»
Although Harrod and Domar developed their theories of growth independently, most economists became aware of them at roughly the same time. Both authors broke out of the static framework of Keynes’ General Theory by recognising the productive-capacity crea... see more

This study analyses the dynamic behaviour of a machine gun mounted on a four-wheeled vehicle. The entire system comprises three parts: the gun, the flexible monopod, and the vehicle. The weapon has a multirigid- body mechanism and comprises a rigid receiv... see more

We propose by means of an example of applications of the classical Lagrange Multiplier Method for computing fold bifurcation point of an equilibrium ina one-parameter family of dynamical systems. We have used the fact that an equilibrium of a system, geom... see more

Dynamics of a highly stiff parallel machine tool is the subject of this paper. High stiffness, good accuracy, relatively large workspace and free of singularities on the whole workspace makes the manipulator suitable for machining applications as an XY-Th... see more

The paper shows that if long-run balance of payments equilibrium on current account is a requirement then a country's long run growth rate can be approximated by the ratio of the growth of exports to the income elasticity of demand for imports. The model ... see more

Thirlwall’s 1979 balance of payments constrained growth model predicts that a country’s long run growth of GDP can be approximated by the ratio of the growth of real exports to the income elasticity of demand for imports assuming negligible effects from r... see more

This paper investigates the effects of manufacturing and of the real exchange rate (RER) on real per capita income growth. We use dynamic panel models and the calculation of output and employment multipliers for a diversified sample of countries from 1990... see more

From the 1930s to the 1970s many economists debated the classification of technological progress into neutral, labour- or capital-saving inventions. One of them was R.F. Harrod, who defined neutral inventions as those in which the capital-output ratio rem... see more

The paper proposes an approach to the description of macroeconomic phenomena, which takes into account the effects of fading memory. The standard notions of the accelerator and the multiplier are very limited, since the memory of economic agents is neglec... see more

1 of 2.803 pages  |  10  records  |  more records»