A necessary and sufficient condition for the positivity of the growth rate in the Neumann–Gale model of economic growth

In the paper I will discuss an extension of the classical problem of the positivity of the growth rate in the Gale–Neumann model. I will show that the exploitation of the labour is a necessary and sufficient condition for the positivity of the growth rate.

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Year of publication:	2013
Authors:	Medvegyev, Péter
Published in:	Journal of Mathematical Economics. - Elsevier, ISSN 0304-4068. - Vol. 49.2013, 2, p. 173-176
Publisher:	Elsevier
Subject:	Gale model \| Linear programming \| Infinite inequalities

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010875243