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Titlebook: Economic Evolution and Structural Adjustment; Proceedings of Invit David Batten,John L. Casti,Börje Johansson Conference proceedings 1987 S

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Complex Dynamics in Continuous Models of the Business Cycleh the means then available, or — as it is nowadays called — by simulation. Of course, only small sets of initial conditions could be dealt with in that manner. Accordingly, the results had a more or less ad hoc character.
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Antje Ducki,Florian Welter,Julia Günthernfortunately, simple dynamic behavior is not exhibited by typical economies of record. Instead they exhibit complex dynamics: irregular fluctuations; overlapping waves of development and structural change; and institutional change and evolution.
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https://doi.org/10.1007/978-3-662-66998-3nd ‘technology push’. In this context, Stoneman (1983) has divided this research area into the following parts: the generation of new technology, the diffusion pattern of new technology (including the adoption of innovations), and the socio-economic impacts of these processes. These three elements will be discussed briefly.
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0075-8442 ssociated dynamic analyses have therefore been preoccupied with the stability of this equilibrium state, corresponding simply to studies of comparative statics. The need to permeate the boundaries of this paradigm in order to open up new pathways for genuine dynamic analysis is now pressing. The con
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https://doi.org/10.1007/978-3-642-23966-3h the means then available, or — as it is nowadays called — by simulation. Of course, only small sets of initial conditions could be dealt with in that manner. Accordingly, the results had a more or less ad hoc character.
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