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Details for article 5 of 8 found articles
| Title: |
Economic system : a multi-dimensional model |
| Author: |
Bhargava, D. K. Satsangi, P. S. |
| Appeared in: |
International journal of systems science |
| Paging: | Volume 9 (1978) nr. 6 pages 603-612 |
| Year: |
1978-06-01 |
| Contents: |
The present paper develops a state-space model for an economic system viewed from a multi-dimensional standpoint of temporal, spatial and structural dimensions. As its distinctive features, the model maintains a distinction between supply and demand in a dynamic equilibrium framework by invoking the concept of inventory in a certain feedback sense and takes into account the non-linear economies (e.g. of scale) existing in production as well as transportation. The end result of this exercise IB a vastly general and powerful theoretical framework for economic system modelling which is believed to be amenable to empirical implementation even with the current status of available data base. |
| Publisher: |
Taylor & Francis |
| Source file: |
Elektronische Wetenschappelijke Tijdschriften |
Details for article 5 of 8 found articles
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