Biased Technical Change and Economic Conservation Laws
Publication year: 2006
ISBN: 978-0-387-26376-2
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The concept of economic conservation laws dates back to Ramsey’s classic study of 1928. This book primarily makes use of Lie groups to shed new light on the analysis of economic conservation laws. Economic conservation laws are not simply abstract concepts; this book shows that they are tools of empirical analysis that can be applied to such topics as analyses of macro performance and corporate efficiency.
Subject: Business and Economics, economic growth, growth, microeconomics, modeling
