Cover: Transportation and Efficient Growth.

Transportation and Efficient Growth.

by Rolla Edward Park

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This paper discusses efficient growth in a series of models that explicitly incorporate spatial separation and costly transportation. All of the models are based on linear technologies of von Neumann type. Aspects of efficient behavior are explored in each of the models. The central results of the paper concern the way in which efficient frontiers evolve over time and the nature of efficient growth paths. 141 pp. Ref.

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