IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/1262.html
   My bibliography  Save this paper

Mathematical Dynamics of Economic Growth as Effect of Internal Savings

Author

Listed:
  • Krouglov, Alexei

Abstract

Paper introduces mathematical models describing long-time effects of real savings on economic growth. Models are built for single-product and multiple-product economy with market forces presented through the system of ordinary differential equations. Modeling results show a limited long-run economic growth for occasional and constant-rate systematic internal savings, a steady long-run economic growth if acceleration rate of internal savings lies within the proper limit for every industry, and a steady long-run economic decline if acceleration rate of internal savings exceeds the suitable limit for certain industry. Modeling outcome also suggests that a long-run economic growth requires direct investment of internal savings into appropriate investment vehicles with exclusion from savings-investment chain the interest-rate-bearing bank accounts with clear danger of suffering a long-run economic decline in case of violation of the requirement.

Suggested Citation

  • Krouglov, Alexei, 2006. "Mathematical Dynamics of Economic Growth as Effect of Internal Savings," MPRA Paper 1262, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:1262
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/1262/1/MPRA_paper_1262.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Alexei Krouglov, 1998. "Dynamics of Business Fluctuations in the Leontief-type Economy," Macroeconomics 9807007, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Krouglov, Alexei, 2014. "Secular stagnation and decline: a simplified model," MPRA Paper 60750, University Library of Munich, Germany.
    2. Krouglov, Alexei, 2015. "Credit expansion and contraction: a simplified model," MPRA Paper 64227, University Library of Munich, Germany.
    3. Krouglov, Alexei, 2015. "Mathematical model of the Greek crisis," MPRA Paper 66115, University Library of Munich, Germany.
    4. Krouglov, Alexei, 2015. "Economic growth and debt: a simplified model," MPRA Paper 65178, University Library of Munich, Germany.
    5. Krouglov, Alexei, 2014. "Monetary part of Abenomics: a simplified model," MPRA Paper 53397, University Library of Munich, Germany.
    6. Alexei KROUGLOV, 2013. "Simplified Mathematical Model Of Financial Crisis," Journal of Advanced Studies in Finance, ASERS Publishing, vol. 4(2), pages 109-114.
    7. Krouglov, Alexei, 2016. "Mathematical model of the economic trend," MPRA Paper 74919, University Library of Munich, Germany.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Alexei Krouglov, 2004. "Mathematical Model of Stock Market Fluctuations in the Absence of Economic Growth," Macroeconomics 0402022, University Library of Munich, Germany.
    2. Alexei Krouglov, 1999. "Mathematical Model of Competitive Impacts between Business Entities," Microeconomics 9903003, University Library of Munich, Germany.
    3. Alexei Krouglov, 2000. "Time-Space Model of Business Fluctuations," Macroeconomics 0004008, University Library of Munich, Germany.

    More about this item

    Keywords

    Business Fluctuations; Economic Growth; Savings; Investment;
    All these keywords.

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:1262. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.