Survey of Economic TheoryMacmillan, 1967 |
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activity allocation analysis approach assumed capital stock capital-output ratio classical saving function Cobb-Douglas coefficients commodity comparative advantage consumption cost countries demand determined discussed domestic dynamic Econ Economic Growth effects efficiency empirical equal equation equilibrium exports factor prices factor-intensity factors of production first-best formulation free trade given Harrod Heckscher-Ohlin theorem Hence Hicks-neutral imports income distribution income per head increase industries input input-output instance International Trade investment Kaldor labour productivity Leontief linear programming machines marginal product measures neo-classical output path pattern perfect competition population growth possible price ratios problem production function progress function proportion proposition pure theory rate of growth rate of profit real wage regional economics relative REStud result returns to scale Ricardian Samuelson second-best assumptions sectors Solow solution steady growth steady-state tariff terms of trade theorem tion trade policy trade theory United variable warranted rate welfare