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On the dynamic analysis of a Leontief model with fixed capitial

Published online by Cambridge University Press:  17 February 2009

J. E. Woods
J. E. Woods
Affiliation:
Faculty of Economics and Politics, University of Cambridge, Sidgwick Avenue, Cambndge CB3 9DD, England
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Abstract

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In Convex Structures and Economic Theory, Nikaideo analysed, inter alia, a circulating capital Leontief model where final demand could exhibit either proportional or non-proporaitonal growth. This paper extends his analsis to a fixed capital modee. Analogues of Nikaido's results are derived for the closed model and for the open model under blaanced grwoth. However, the results obtained here for the open model with unbalanced growth are weaker than Nikaido's.

Type
Research Article
Information
The ANZIAM Journal , Volume 27 , Issue 4 , April 1986 , pp. 473 - 487
Copyright
Copyright © Australian Mathematical Society 1986

References

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