36 Summary of the Special Field Theory

 
Capital productivity

 
GDP with respect to productivity of capital:

 
total capital-output ratio or capitalcoeffizient:

The ratio

of all national bank assets to gross domestic product.
 
traditional capital-output ratio

 

direct capital investment
The proportion of the total capital stock, which is introduced in a direct manner to the GDP

 

indirect use of capital:

The difference between the sum total of all bank assets K (example U0308 series of Bundesbank) and(example: U0115 series of Bundesbank).

 

indirect capital-coefficient 

 

Basic Macroeconomic Equation System

with and and

is the net investment ratio and

the net business rates of the banking industry

 

Capital Yield Equation

 

Percentage of direct capital investment: 

Re-investment-equation (capital to GDP loans)

 
phenomenological exponential form

phenomenological net business rate

simplified basic model:

approximate ansatz for productivity increase

(30.1)

whereis the function of effective productivity increase (decrease) .

Carts or basket for CPI

 

Inflation rate of the i-th basket

monetary calibration

 

linear monetary calibration

 

monetary exponential calibration

 

Capital productivity for the basic model:

 

Inflation rate from capital productivity

with

 

Cobb-Douglas production function CDPF:

special CDPF with :

CDPF is special AK-model with

Simplified system basis

and


End of direct GDP growth

(for FRG data approximatly:years )

 

indirect growth

for idg-GDP-growth

for idg-CAP-growth

for idg-GDP-growth

for idg-CAP-growth

for idg-GDP-growth

for idg-CAP-growth

with .

complete analytical system of equations

 

Growth frequency

Analytical solution

Growth path

(negativ)

Maximum path

(null)

Crisis path

(positiv)

 

specific growth forms

(negativ (D1) )

(positiv (D2) )

bzw.

bzw.

(Null (D3) )

and/or and with the following abbreviations used:

Approximation for small arguments :

Characteristic frequency

Characteristic time

(For FRG approximately years.)

General immediate growth condition

 

Rule of thumb for macroeconomic half-life-time

Thumb formula for moderate values of and :

with = 5% gives years half-life-time

Classical Quantity Equation

extended quantity equation

simplified monetary velocity

 

Extended form of the balance equation

with and

(Real trade and investment interests)

 

Prices of real goods, depending on investment products

with

For and :

In times before crisis

for and

In times of crisis

In the final stage for and

 

macroeconomic supply-demand equation

Business management success 

Business substitution competition

if

 

Marginal utility theory

 

Second law of Gossen

 

Gossen second law of economic conservation equation

with the conversion

and

 

Diminishing marginal utility with economic competition

 

Competitive pricing with substitution

price change

The marginal benefitis achieved when

 

Trading volume in the substitutional competition

 

Substitutional Competition

 

Trade substitution

 

Rates of change of trade substitution

Because of one needs and to achieve the changes.

 

General substitutional relationship

 

Systemic Importance

Damage comparison

Interest income of financial products

Total stock of all derivatives:

 

Macroeconomic Savings

enhanced savings:

 

Inflation-related price change

 

Critical Trading Term

 

Inflation

 

Trading volume

 

Trading volume on growth path

 

Trading volume on crisis path

 

Change in price level

with

and

 

Trading volume in normal times approximate formula

 

Progressive form of inflation in normal times

 

Analytical Core Inflation

expressed in growth rates:

actual inflation rate

with for the FRG data.

State Substitutional Competition

with and

 

State budget balance

Deficient State

Ideal State

Profitable State

 

Public Debt

Resource orientation of the public debt

and

 

Dependent Economies

and

 

World Economic System

dimensional matrices:

and

 

Balanced external relations

and

and

 

Maximum imbalance

  and

World energy and resources balance sheet

 

World Sustainability Coefficient

 

National Sustainability Coefficient

 

Sustainable boundary of national growth