Download PDF by Einar Hille: Methods in classical and functional analysis

By Einar Hille

ISBN-10: 1882112482

ISBN-13: 9781882112487

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This extends as far as the resource constraints on investment activities, and even goes beyond them... The stronger the investment tension, the more it is felt that investment demand tries to draw resources away from other fields of utilization thus amplifying general shortages. (Kornai 1980: 201) This circle suggests that there is a positive correlation between investment tension and shortage intensity in general, and the shortage of investment goods in particular, because investment tension results in shortages of investment goods almost without lags.

The other data used in the primary data analyses are also mainly derived from aggregate figures such as national income, total output of agriculture and agricultural national income, total cultivated land and labour force engaged in agriculture. Where problems in coverage and definition arise, explanations and corrections are provided. 7 Organization of this Book Chapter 2 attempts to select the most relevant theories from the literature and to incorporate them into a discussion of China's experiences such as its heavy industry-oriented development strategy and the rigidity of this strategy, the fundamental mechanism of capital accumulation and the reform cycle.

If the plans for opening a new coal mine are shelved, there will be no need for a new coal-fired power station. In this sense, the idea of investment commitment provides a theory of demand for investment goods only at the individual firm level rather than at the macroeconomic level (Mihalyi 1992). Fourthly, using a univariate moving average as a proxy of the 'normal path' may, itself, produce spurious cycles as discussed in details by Slutsky (1927) and Frich (1928). g. supply of investment goods and consumer goods) variables.

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Methods in classical and functional analysis by Einar Hille


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