The Goodwin’s model. Economic Cycles and Investment in Bolivia
DOI:
https://doi.org/10.35319/lajed.201115152Keywords:
Economic cycles, Investment, Balance, Stability, Short Term, Long Term, Accelerator, Product, non - linearity, Dinamic economy, InstabilityAbstract
The economic cycles in Bolivia are stable in the long term but not in the short term. Eventho the cycles-limit show that balance exists. The accelerator as the time of manufacture of new capital assets clearly depends on the perceptions of the policies of the government. If these policies allow that the time of manufacture of new capital assets is reduced or the impact of the accelerator was greater, would improve the impact of the investment on the product, having had as result stable cycles in the short term and length term.
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