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Häfele, W. & Buerk, R. (1976). An Attempt of Long-Range Macroeconomic Modelling in View of Structural and Technological Change. IIASA Research Memorandum. IIASA, Laxenburg, Austria: RM-76-032
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Abstract
The paper presents an aggregated (five sector) circular flow model of economic development. A key concept, the "societal technology" implicitly, by means of a stratified dynamical system, describes the alternative paths of development that are open to a society. Societal objectives, which determine the actual path, can enter in both a purely descriptive, positive way and as normative "planner's preferences". The aim of the paper is to provide a conceptual basis for the investigation of long-term socioeconomic processes with the tools of dynamical systems theory.
| Item Type: | Monograph (IIASA Research Memorandum) |
|---|---|
| Research Programs: | Energy Program (ENP) |
| Depositing User: | IIASA Import |
| Date Deposited: | 15 Jan 2016 01:43 |
| Last Modified: | 27 Aug 2021 17:08 |
| URI: | https://pure.iiasa.ac.at/652 |
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