Lowe, Dobb and Hicks

  • Joseph Halevi


John Hicks coined the term “traverse” in his book Capital and Growth to describe the process of transition from one equilibrium growth path to another. A structural approch to this transition raises the question of whether the several sectors of the whole economy behave in a synchronic or a-synchronic manner.


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© Joseph Halevi, G. C. Harcourt, Peter Kriesler and J. W. Nevile 2016

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  • Joseph Halevi

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