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image/svg+xml Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Closed Access logo, derived from PLoS Open Access logo. This version with transparent background. http://commons.wikimedia.org/wiki/File:Closed_Access_logo_transparent.svg Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao https://doi.org/10.1...arrow_drop_down
image/svg+xml Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Closed Access logo, derived from PLoS Open Access logo. This version with transparent background. http://commons.wikimedia.org/wiki/File:Closed_Access_logo_transparent.svg Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao
https://doi.org/10.1007/978-3-...
Part of book or chapter of book . 2014 . Peer-reviewed
License: Springer Nature TDM
Data sources: Crossref
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Transition to Balanced Growth

Authors: Alexander P. Abramov;

Transition to Balanced Growth

Abstract

In this chapter, we consider algorithms for asymptotic transition to balanced growth in models of economic systems that use Leontief technologies. The first algorithm assumes that all sectors, when determining their output plans, choose a single projected value of their sales expansion rate. It also assumes that no sector is given priority with respect to receiving resources in short supply. The second algorithm differs from the first one in that planning is now based on observed demand. Both algorithms use the same mechanism of resource distribution whereby order sizes are adjusted to comply with adjusted output plans. We show that the alternative resource distribution algorithm, which distributes resources in proportion to demand, can cause a limit cycle in the sequence of normalized outputs. We consider mechanisms used by sectors to agree on estimates of the expansion rate, which are necessary when planning production.

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
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