Titlebook: Nonlinear and Multisectoral Macrodynamics; Essays in Honour of Kumaraswamy Velupillai (Professor of Economics) Book 1990 Kumaraswamy Velup

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Normalised General Coordinates and Vertically Integrated Sectors in a Simple Casers, which are a basic feature of modern economic systems and at the same time are the source of endless analytical complications. For this reason, economic theorists have made several attempts at developing new analytical tools that may help to ease the complications.

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The Specification of Error Termsl for less important independent variables and for measuring errors of both the dependent variable and the independent variables. The error term is usually assumed to be a random variable with an average value of zero and a normal distribution.

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https://doi.org/10.1007/978-1-349-10612-7capital; development; distribution; dynamics; economics; equilibrium; growth; integration; John Maynard Keyn

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Richard Goodwin Retrospectivempetent economist, who passed easily through the most intricately technical aspects of the subject without, however, surrendering the power of his larger judgement or his larger policy and political concerns. He had the respect, perhaps even slightly the envy, of us all.