WebThe Production Possibilities Frontier (PPF) is a graph that shows all the different combinations of output of two goods that can be produced using available resources and technology. The PPF captures the concepts of scarcity, choice, and tradeoffs. The shape of the PPF depends on whether there are increasing, decreasing, or constant costs. WebKoopmans, T. C., “On the Concept of Optimal Economic Growth,” in “The Economet-ric Approach to Development Planning,” Amsterdam: North Holland, 1965. King, Robert and …
Production, Growth and Business Cycles: Technical Appendix
Web14 de mar. de 2024 · Adverse weather conditions greatly reduce crop yields, leading to economic losses and lower food availability. The characterization of adverse weather and the quantification of their potential impact on arable farming is necessary to advise farmers on feasible and effective adaptation strategies and to support decision making in the … WebThe paper proposes an approach to understand the relationship between inequality and economic growth obtained by shifting the analysis from the space of final achievements to the space of opportunities. To this end, it introduces a formal framework based on the concept of the Opportunity Growth Incidence Curve. high power objective function
On the concept of optimal economic growth. (1965)
Web1 de set. de 2024 · Using panel data for 142 countries for the period from 1960 to 2014, we assess the effects of population aging on economic growth. • We find that population aging proxied by old-age population share (or old-age dependency ratio) negatively affects economic growth only when it reaches a certain high level and its negative effects grow … WebCONCEPTS OF OPTIMALITY AND THEIR USES Nobel Memorial Lecture, December 11, 1975 by TJALLING C. KOOPMANS Yale University, New Haven, Connecticut, USA … Web1 de ago. de 1972 · Optimal economic growth and stationary ordinal utility —A fisherian approach. Author links open overlay panel Katsuhito Iwai. Show more. Add to Mendeley. Share. ... Hence, study initially investigates the terms of “innovation and sustainability” in the tourism (service) industry concepts to present a conceptual framework. high power objective definition