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Matematicheskaya Teoriya Igr i Ee Prilozheniya, 2012, Volume 4, Issue 4, Pages 73–92
(Mi mgta98)
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A one-sector model of economic growth with a nonlinear production function and related environmental quality
Elena A. Rovenskaya Faculty of Computational Mathematics and Cybernetics, Lomonosov Moscow State University
Abstract:
In this paper we suggest a stylized optimization one-sector model of national economic growth with a non-linear production function and environmental quality control. A steady-state of the Hamilton system is found analytically, while the optimal trajectory is calculated numerically. The model is calibrated for Russia.
Keywords:
mathematical modeling, optimal control, economic growth, sustainable development.
Citation:
Elena A. Rovenskaya, “A one-sector model of economic growth with a nonlinear production function and related environmental quality”, Mat. Teor. Igr Pril., 4:4 (2012), 73–92; Autom. Remote Control, 76:11 (2015), 2078–2090
Linking options:
https://www.mathnet.ru/eng/mgta98 https://www.mathnet.ru/eng/mgta/v4/i4/p73
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