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Law of Conservation of the Capital-Output Ratio
Just as simple harmonic motion, definable by a variational condition, δ [unk] (½ ẋ(2) - ½ x(2)) dt = 0, has motions which must conserve the sum of kinetic and potential energies, ½ ẋ(2) + ½x(2) ≅ constant, so in a neoclassical von Neumann economy, where all output is saved to provide capital formati...
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| Natura: | Artigo |
| Lingua: | Inglês |
| Pubblicazione: |
1970
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| Accesso online: | https://ncbi.nlm.nih.gov/pmc/articles/PMC283378/ https://ncbi.nlm.nih.gov/pubmed/16591882 |
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