PARAMETER ESTIMATION FOR THE MARXIAN OPTIMAL GROWTH MODEL
In this article, we conduct an empirical analysis of a model called the Marxian Optimal Growth Model proposed by Yamashita and Onishi (2002). Mathematically, the Yamashita-Onishi model is the same as the neoclassical optimal growth model. Therefore, if analysis is limited to the steady state in the...
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| Format: | Article |
| Language: | English |
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Pluto Journals
2011-11-01
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| Series: | World Review of Political Economy |
| Online Access: | https://www.scienceopen.com/hosted-document?doi=10.2307/41931948 |