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A network model of economic growth: A regional analysis
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A network model of economic growth: A regional analysis

Philip C. Jones
Regional science and urban economics, Vol.11(2), pp.231-237
05/01/1981
DOI: 10.1016/0166-0462(81)90006-5

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Abstract

In this paper we consider a linear model of economic growth in which production and consumption occur at specific sites represented by nodes, and commodities can be shipped from one node to another along arcs. It is shown that under fairly reasonable conditions a stationary optimal growth plan will exist and that it can be computed by means of Lemke's linear complementary algorithm.

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