teholiikenteessä
Teholiikenteessä is the economic concept of the optimal allocation of a producer's inputs for production, particularly focusing on the allocation of capital. It was introduced by Finnish economist Pekka Iivonen in the 1960s and revolves around the idea that capital accumulation can be effectively utilized in production when there is an optimal mix of asset use and replenishment.
The concept stresses that an optimal balance is necessary between investment in the current production period
Iivonen's work built upon earlier research on capital acceleration, highlighting how changes in capital supplies and
Critiques of teholiikenteessä have centered around its reliance on specific assumptions about technological progress and the
Despite these limitations, teholiikenteessä remains an important concept in the field of economics and has influenced