Exact solutions for a Solow-Swan model with non-constant returns to scale
نویسندگان
چکیده
The Solow-Swan model is shortly reviewed from a mathematical point of view. By considering non-constant returns to scale, we obtain general solution strategy. We then compute the exact for Cobb-Douglas production function, both classical and von Bertalanffy model. Numerical simulations are provided.
منابع مشابه
a new type-ii fuzzy logic based controller for non-linear dynamical systems with application to 3-psp parallel robot
abstract type-ii fuzzy logic has shown its superiority over traditional fuzzy logic when dealing with uncertainty. type-ii fuzzy logic controllers are however newer and more promising approaches that have been recently applied to various fields due to their significant contribution especially when the noise (as an important instance of uncertainty) emerges. during the design of type- i fuz...
15 صفحه اولCharacterizing and finding full dimensional efficient facets of PPS with constant returns to scale technology
متن کامل
A Non-substitution Theorem with Non-constant Returns to Scale and Externalities
An input-output model with non-constant returns to scale and externalities is presented, and it is shown that in this model, the non-substitution theorem is still valid. More precisely, the quantity side of the theorem, i.e., the proposition on efficiency, remains valid, while there can be no equilibrium prices independent of final demand.
متن کاملLinear programming solutions and distance functions under a constant returns to scale technology
متن کامل
An input-oriented radial measure for returns to scale aggregation.
In production theory, it is necessary to be capable of predicting the production func- tion’s long-run behaviors. Hereof, returns to scale is a helpful concept. Returns to scale describes the reaction of a production function to the proportionally scaling all its input variables. In this regard, Data envelopment analysis (DEA) provides a com- prehensive framework for returns to scale evaluation...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Indian Journal of Pure and Applied Mathematics
سال: 2022
ISSN: ['0019-5588', '0975-7465', '2455-0000']
DOI: https://doi.org/10.1007/s13226-022-00341-7