The Mahalanobis growth model [electronic resource] : a macrodynamics approach / Chetan Ghate, Pawan Gopalakrishnan, Srishti Grover.

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The Mahalanobis growth model [electronic resource] : a macrodynamics approach / Chetan Ghate, Pawan Gopalakrishnan, Srishti Grover.

9789811689802 (electronic bk.)
9811689806 (electronic bk.)
9811689792
9789811689796

Singapore : Springer, 2022.

English

1 online resource

10.1007/978-981-16-8980-2 doi

HB135

330.01/51

This book provides an analytical and computational approach to solving and simulating the Mahalanobis model and the papers surrounding it. The book comes up, perhaps for the first time, with a holistic examination of an important growth model that emerged out of India in the 1950s. It contains detailed derivations of the Mahalanobis model and the several critiques and extensions surrounding it with an organized synthesis of the main results. Computationally, the book simulates the model and its many variants, thus making it accessible to a wider audience. Advanced undergraduates and beginning graduate students in the fields of Economics, Mathematics, and Statistics will gain immensely from understanding both the mathematical aspects as well as the computational aspects of the Mahalanobis model. In the absence of a single 'go-to' source on all aspects of the model -- analytical and computational -- this book is a definitive volume on the Mahalanobis model that has all the derivations of all the papers surrounding the model, its dissents and critiques, and extensions as in the wage goods model suggested by Vakil and Brahmananda.

Includes bibliographical references and index.

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Online resource; title from PDF title page (SpringerLink, viewed July 25, 2022).

Print version: 9789811689796

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