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- W4283032115 abstract "The paper discusses development of the investments block in an agent-based interregional multisector model of the Russian economy. The ability of the model to reproduce stationary states of the economy and economic growth under various regimes of intra-company fixed capital investment is considered. A given steady state can be achieved by choosing the shares of profits assigned to investment. Output growth was insured by reducing labor intensity by 2 % per year in the Leontief-type production functions of firms with a fixed level of labor resources. When investments are financed from the profits of firms under fixed share regime, the model economy demonstrate a balanced growth." @default.
- W4283032115 created "2022-06-18" @default.
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- W4283032115 date "2022-05-17" @default.
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- W4283032115 title "Stationarity and Growth in an Agent-Based Model of an Economy" @default.
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- W4283032115 doi "https://doi.org/10.25205/2542-0429-2022-22-1-84-102" @default.
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