INTERDEPENDENCE BETWEEN INVESTMENT RATES AND FISCALIZATION RATIO IN THE SOLOW GROWTH MODEL WITH A CES PRODUCTION FUNCTION
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The Solow growth model with a CES production function was discussed and relations between an economy fiscalization ratio and investment rates for state revenues and for microeconomic agents' sector revenues were investigated. Conditions were formulated to be met in order to keep the economy on a balanced growth path. Properties of a production function and a consumption per effective labor unit function were also analyzed. The results are of a general nature.
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