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Goodwin’s Lotka-Volterra Model in Disaggregative Form: A Note

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  • Rodousakis, Nikolaos

Abstract

This paper investigates Goodwin’s Lotka-Volterra model in disaggregative form. It is found that the dynamic behavior of the model depends on the material input coefficients matrix.

Suggested Citation

  • Rodousakis, Nikolaos, 2010. "Goodwin’s Lotka-Volterra Model in Disaggregative Form: A Note," MPRA Paper 22975, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:22975
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    File URL: https://mpra.ub.uni-muenchen.de/22975/1/MPRA_paper_22975.pdf
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    References listed on IDEAS

    as
    1. Boggio, Luciano, 1991. "On Goodwin's method of principal coordinates," Structural Change and Economic Dynamics, Elsevier, vol. 2(1), pages 93-98, June.
    2. R. M. Goodwin, 1983. "Essays in Linear Economic Structures," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-05507-4.
    3. Aruka, Yuji, 1991. "Generalized Goodwin's theorems on general coordinates," Structural Change and Economic Dynamics, Elsevier, vol. 2(1), pages 69-91, June.
    4. Nelson H. Barbosa‐Filho & Lance Taylor, 2006. "Distributive And Demand Cycles In The Us Economy—A Structuralist Goodwin Model," Metroeconomica, Wiley Blackwell, vol. 57(3), pages 389-411, July.
    5. Goodwin, Richard M, 1986. "Swinging along the Turnpike with von Neumann and Sraffa," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 10(3), pages 203-210, September.
    6. Kurz,Heinz D. & Salvadori,Neri, 1997. "Theory of Production," Cambridge Books, Cambridge University Press, number 9780521588676, January.
    7. Bhaduri, Amit & Marglin, Stephen, 1990. "Unemployment and the Real Wage: The Economic Basis for Contesting Political Ideologies," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 14(4), pages 375-393, December.
    8. Desai, Meghnad & Henry, Brian & Mosley, Alexander & Pemberton, Malcolm, 2006. "A clarification of the Goodwin model of the growth cycle," Journal of Economic Dynamics and Control, Elsevier, vol. 30(12), pages 2661-2670, December.
    9. Albert Steenge, 1995. "Sraffa and Goodwin: A unifying framework for standards of value in the income distribution problem," Journal of Economics, Springer, vol. 62(1), pages 55-75, February.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Goodwin’s Lotka-Volterra model; principal coordinates; disaggregated models; multiple degree of freedom system;
    All these keywords.

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics

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