Titlebook: Symmetry and Economic Invariance: An Introduction; Ryuzo Sato,Rama V. Ramachandran Book 19981st edition Springer Science+Business Media Ne

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headway

Introduction,ared again and again in these theories. He recognized that each field involved interdependent unknowns determined by presumably efficacious equilibrium conditions but argued that there exists identically meaningful theorems in these fields, each derived by essentially analogous methods. Consider mic

Ancillary

Anthropoid

Holothetic Production Functions and Marginal Rate of Technical Substitution,scale. Economies of scale can be considered as resulting in a transformation of the production function which in turn leads to a renumbering of the isoquants. The condition for technical progress to have the same effect is that it should also map one isoquant to another. This was shown in Figure 2.5

衰弱的心

Condense

Duality and Self Duality,plications of the optimization problem and the restrictions that have to be imposed on functional relations to enable econometric estimation become more transparent in the dual than in the original formulation.

lethargy

彩色的蜡笔

Dynamics and Conservation Laws,c and macroeconomic adjustment processes. As for long-term trends, classical economists assumed that economy would tend towards a stationary state. Modern growth theory, as developed in the second half of this century, indicated the possibility of a non-stationary equilibrium and provided strong imp

Substance-Abuse

Technical Progress and Economies of Scale: Concept of Holotheticity, to agree whether productivity increases should be modelled as arising from technological change or scale effects. Finally, econometricians recognize the problems in identifying the two sources of productivity in any empirical study.

折磨

The Theory of Index Numbers, then the measurement of the changes in the price level will not constitute any problem. Scholars like Edgeworth and Bowley were quick to recognize that the difficulties in quantifying fluctuations in purchasing power of money arose from the absence of such proportionality (Allen (1975, p.2)). As Frisch (1936, p.1) noted: