Accession Number : AD0723097

Title :   On the Importance of Lags in Growth Models.

Descriptive Note : Research rept.,

Corporate Author : CARNEGIE-MELLON UNIV PITTSBURGH PA MANAGEMENT SCIENCES RESEARCH GROUP

Personal Author(s) : Truchon,Michel

Report Date : JUN 1970

Pagination or Media Count : 19

Abstract : The report offers some theoretical considerations on the role of lags and capital formation in growth models as well as the results of some numerical computations. Although valid for more general models, the theoretical discussion is made in the framework of Tsukui's model. The computations are those of expansion factors in models of the von Neumann type. They have been done to explore the nature of bias in expansion factors resulting from different simplifying assumptions. (Author)

Descriptors :   (*ECONOMICS, MATHEMATICAL MODELS), (*LINEAR PROGRAMMING, ALGORITHMS), MATRICES(MATHEMATICS), INDUSTRIES, MONEY, COSTS

Subject Categories : Economics and Cost Analysis
      Operations Research

Distribution Statement : APPROVED FOR PUBLIC RELEASE