Showing papers by "Indian Institute of Management Calcutta published in 1965"
TL;DR: In this paper, the turnpike theorem is shown to be a crucial property of the model and an efficient growth path of finite order is shown. But the model is not a deterministic model.
Abstract: I. The model, 642.— II. A crucial property of the model, 643. — III. Efficient growth path of finite order: the turnpike theorem, 647. — IV. Efficient growth path of infinite order, 648.
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