A necessary and sufficient condition for the positivity of the growth rate in the Neumann–Gale model of economic growth |
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| Authors: | Péter Medvegyev |
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| Institution: | Department of Mathematics, Corvinus University of Budapest, P.O. Box 489, Budapest, 1828, Hungary |
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| Abstract: | In the paper I will discuss an extension of the classical problem of the positivity of the growth rate in the Gale–Neumann model. I will show that the exploitation of the labour is a necessary and sufficient condition for the positivity of the growth rate. |
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| Keywords: | Gale model Linear programming Infinite inequalities |
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