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Avtomatika i Telemekhanika, 1985, Issue 11, Pages 100–107 (Mi at7639)  
Developing Systems

Asymptotic behavior of optimal trajectories in homogeneous macroeconomic models

S. Yu. Yakovenko

Moscow
Full-text PDF (1463 kB)
Abstract: The behavior of optimal paths is studied with large planning horizons for a wide range of technological models which feature positive uniformity. When the state growth rate function is concave the optimal paths are shown to be strongly convergent to a solution associated with balanced proportional growth. For the two-product case the requirement of concavity is immaterial.

Received: 18.10.1984
Bibliographic databases:
Document Type: Article
UDC: 65.012.122
Language: Russian
Citation: S. Yu. Yakovenko, “Asymptotic behavior of optimal trajectories in homogeneous macroeconomic models”, Avtomat. i Telemekh., 1985, no. 11, 100–107; Autom. Remote Control, 46 (1985), 1431–1438
Citation in format AMSBIB
\Bibitem{Yak85}
\by S.~Yu.~Yakovenko
\paper Asymptotic behavior of optimal trajectories in homogeneous macroeconomic models
\jour Avtomat. i Telemekh.
\yr 1985
\issue 11
\pages 100--107
\mathnet{http://mi.mathnet.ru/at7639}
\mathscinet{http://mathscinet.ams.org/mathscinet-getitem?mr=815997}
\zmath{https://zbmath.org/?q=an:0606.90030}
\transl
\jour Autom. Remote Control
\yr 1985
\vol 46
\pages 1431--1438
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