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Revista de Economía Institucional
versión impresa ISSN 0124-5996
Resumen
MORENO RIVAS, Álvaro Martín. FROM THE KNIFES EDGE TO THE NUT SHELL: A NEW ANALYSIS OF HARRODS DYNAMIC. Rev.econ.inst. [online]. 2005, vol.7, n.13, pp.101-132. ISSN 0124-5996.
Harrods research program was the first to integrate the central ideas of magnum dynamics into a mechanical framework of vector forces to endogenously explain cycles and growth. Mathematical economists ignored these points and Harrods original work was presented in textbooks as the Harrod-Domar growth model. The aim of this paper is to present Harrods dynamic and show that his real aim was to build a non linear cyclic growth model.
Palabras clave : Harrod; dynamic theory; non linear cyclic growth.