Acceleration Principle and the Theory of Investment

43 Pages·2009·0.62 MB·English

look up modifications of accelration principle in
a r t i c l e s of Hicks, Goodwin and Leontief
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ALEXANDER, S. S.
The Accelerator as a generator of steady
growth, QJE, LXIII, May 1949, PP* 174-97. The author
reviews the theoiy of the accelerator both historically
and as a principle in econ. analysis. The accelerator
principle is discussed in connection with the genera-
tion of steady econ. growth, the influences of the
investment and income periods, and the function of
price as a stabilizer. The conclusion reached ^is that
values of accelerator and propensity to consume can in-
deed permit steady growth, but with constant prices
they will lead to so rapid a rate of growth as to sug-
gest that the assumed relationships cannot long per-
sist. "
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BENNION, E. G.
The multiplier, the acceleration principle and
fluctuating autonomous investment, REVIEW OF ECONOMIC
STATISTICS,
May, 1945.
Pp. 8.
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BOWMAN, R. T. and PHILLIPS, Almarin
The capacity concept and induced investment,
CANADIAN JOURNAL OF ECONOMICS AND POLITICAL SCIENCE,
Vol. 21, May, 1955, pp. 190-203.
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CHENERY, Hollis B.
Overcapacity and the acceleration principle,
ECONOMETRICA, Vol. XX, 1952, pp.
1-28.
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GHENERY, Hollis B.
Overcapacity and the acceleration principle,
ECONOMETRICA, XX, Jan. 1952, pp. 1-28.
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CHENERI, Hollis B,
Overcapacity and the acceleration principle,
ECONOMETBICA,
January, 1952*
23 pp*
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CHMERY, Hollis B.
Overcapacity and the acceleration principle,
ECONOMETRICA,
January, 1952.
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CLARK, J. M.
11
"Business Acceleration and the Law of Demand,
JOURNAL OF POLITICAL EGOUQMI, XM;, March, 1917.
First statement of accelerator
principle
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ECKAUS, R. S.
The acceleration principle reconsidered, QUARTERLT
JOURNAL OF ECONOMICS, LXVII, May, 1953.
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