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Growth Models and their Application to Long-term Planning and Forecasting

In: Methods of Long-term Planning and Forecasting

Author

Listed:
  • L. V. Kantorovitch
  • V. L. Makarov

Abstract

A general picture of growth models, their basic types and features, is given in the paper. Possibilities of their implementation at the stage of preliminary long-term planning are discussed, as well as their application to calculations of a highly aggregated long-term plan, i.e. for a period of about ten years. In the last part of the paper a specific class of models based on input-output information is examined. Results of experimental calculations are given, together with discussion of ways and means of utilisation of such models in the practical work of Gosplan.

Suggested Citation

  • L. V. Kantorovitch & V. L. Makarov, 1976. "Growth Models and their Application to Long-term Planning and Forecasting," International Economic Association Series, in: T. S. Khachaturov (ed.), Methods of Long-term Planning and Forecasting, chapter 3, pages 51-71, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-02649-4_3
    DOI: 10.1007/978-1-349-02649-4_3
    as

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