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Mathematical Formalization of the Economic Social Communitarian Productive Model

Author

Listed:
  • David Quiroz
  • Luis Arce

    (Ministerio de Economía y Finanzas Públicas)

Abstract

The purpose of this work is to mathematically formalize the Economic Social Communitarian Productive Model implemented in Bolivia since 2006. For this purpose, a mathematic model is developed based on a super-predator model, in which the solutions are obtained through Lokta-Volterra type equations. The model shows that with economic surpluses’ transfers from the strategic sector toward the income and employment generating sector, it is possible to achieve sustained economic growth.

Suggested Citation

  • David Quiroz & Luis Arce, 2015. "Mathematical Formalization of the Economic Social Communitarian Productive Model," Cuadernos de Investigación Económica Boliviana, Ministerio de Economía y Finanzas Públicas de Bolivia, vol. 1(1), pages 1-31, October.
    • Handle: RePEc:efp:journl:v:1:y:2015:i:1:p:1-31
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    More about this item

    Keywords

    Economic Model; Dynamic Systems;

    JEL classification:

    • C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • P27 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Performance and Prospects

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