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This work investigates the mathematical conditions required for economic equilibrium, stability, and long-term growth within a multi-sectoral framework. Michio Morishima, a prominent mathematical economist, utilizes linear algebra and differential equations to extend the classical von Neumann model. The text provides a rigorous analytical structure to determine how various sectors of an economy interact to maintain balance while expanding over time.
What You Will Find
Experts recognize this text as a sophisticated contribution to mathematical economics that bridges classical theory with modern computational rigor. Readers frequently note the high level of technical density, making it a specialized resource for advanced students and researchers in economic theory.
Page Count:
240
Publication Date:
1964-12-31
Publisher:
Oxford University Press
ISBN-10:
0198281455
ISBN-13:
9780198281450
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