Contributions to the Von Neumann Growth Model: Proceedings of a Conference Organized by the Institute for Advanced Studies Vienna, Austria, July 6 and 7, 1970

Front Matter....Pages I-XV
Front Matter....Pages 1-1
The Period of Production in a Von Neumann World....Pages 3-10
A Model of a Continuing State with Scarce Capital....Pages 11-22
Further Consideration of “An Open Expanding Economy Model”....Pages 23-30
Consumption-investment Frontier, Wage-profit Frontier and the Von Neumann Growth Equilibrium....Pages 31-38
Balanced Stochastic Growth at the Maximum Rate....Pages 39-52
On the Importance of Lags in Growth Models....Pages 53-62
Front Matter....Pages 63-63
Economic Efficiency in an Infinite Horizon Model....Pages 65-72
Sensitivity of Optimal Growth Paths with Respect to a Change in Target Stocks....Pages 73-89
A Twisted Turnpike Theorem....Pages 91-98
The Approximative Horizon in Von Neumann Models of Optimal Growth....Pages 99-106
Capital Accumulation Optimal in the Final State....Pages 107-120
Von Neumann Rays and Golden Rules: An Integrated View of Intertemporal Production Models....Pages 121-127
Front Matter....Pages 129-129
Calculating Von Neumann Trajectories by Simulated Market Adjustments....Pages 131-138
Von Neumann Model Solutions Are Generalized Eigensystems....Pages 139-154
Front Matter....Pages 155-155
Maximal Growth when Food Output Is Uncertain....Pages 157-166
Public Investment in Infrastructure and Optimal Economic Growth....Pages 167-184
The Von Neumann Growth Model and Socialist Planning....Pages 185-190
Soviet Work Related to the Von Neumann Model and Turnpike Theories and Some Ramifications....Pages 191-216