The effect of term of production

• Authors: Brody A.
• Languages of publication: HU

Abstracts

EN

Product life - term of production, or period of engagement or return, in other words - influences economic growth and the length of its possible cycles. The appropriate way of describing this effect is with the input-output model and various versions of it, which also allow calculations to be made. The 'elliptical production paths' of the Austrian school and their duration and variations become clear and measurable. All this may lead to an extension of the concept and interpretation of equilibrium.

Keywords

EN

COMMODITIES; GROWTH; PRODUCTION; TURNOVER TIME

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Committee for Economic Sciences of the Hungarian Academy of Sciences
• Journal: Kozgazdasagi Szemle (Economic Review)
• Year: 2004
• Volume: 51
• Issue: 1
• Pages: 66-76
• Document type: ARTICLE

Contributors

author

Brody A.

• A. Brody, address not given, contact the journal editor

Identifiers

CEJSH db identifier

06HUAAAA00651633