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Structure

The Size of the Balanced Growth Rate in the Dynamic Leontief Model

Pages 345-350 | Published online: 28 Jul 2006
 

Abstract

The size of the growth rate of a balanced growth solution of the closed dynamic Leontief model is characterized in terms of the properties of the current input coefficient matrix and the capital coefficient matrix associated with the model. Next, the values of balanced growth rates are analysed for which the open dynamic Leontief model is compatible with balanced growth in output as well as final demand.

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