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by JÁNOS KORNAI Hungarian Academy of Sciences Budapest Hungary
Volume 11 No 4
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adjustment analysis asset assumed assumption balance capital Chapter commodity condition consider constant consumer consumption continuous cost currency curve defined demand depends derived determined devaluation differential discussion domestic dynamic Economics effect elasticity employment endowments equal equations equilibrium example exchange rate existence expectations exports fact factor fall foreign function given growth Hence hold implies imports income increase industry initial intensive interest international trade investment Journal labor less long-run lower manufactured marginal measures monetary negative nominal obtain optimal output pattern period positive possible present problem production proposition quota ratio reduces References region relative relative price requires respectively restrictions returns Review scale schedule sector share shown specialization specific Studies substitution supply tariff theorem theory units University variables wage weights welfare zero