An Endogenously Derived AK-model of Economic Growthdoi:10.1017/S1365100516001085Christian JensenCambridge University Press
time.JEL: R1, O4, C61AMS: 49K20, 93C20, 58J70Keywords: Optimal control in inf i nite dimension, state constraints, AK model ofeconomic growth, evolution equations, invariance in Banach spaces.1 IntroductionA common feature of optimal control problems in economics is the presence of state...
内生增长模型AK模型endogrowth 系统标签: 模型utilityperiodhouseholdconsumereconomy LectureNotesonEndogenousGrowthEcon5140MacroeconomicAnalysisFall2014JennyXuHKUSTInattemptingtobuildamodelwhichcanaccountfortheprincipalfactsconcern-inggrowthexperienceacrosscountries,itwouldseemnecessarytoincorporateanendogenousmechanism,topermite...
2006 Abstract: In this paper an AK growth model is fully analyzed under the time to build assumption. The existence and uniqueness of the (real) balanced growth path and the oscillatory convergence of detrended capital while detrended consumption is constant over time is proved. Moreover the ...
This paper explores a two-sector model of endogenous growth with AK technologies and production externalities. Unlike the standard one-sector AK model, the two-sector model may involve the relative price dynamics, so that there may exist transitional processes. It is shown that under certain condit...
摘要: In this paper, we examine the effects of assuming a negative lower bound for the population growth rate within the Solow-Swan model with AK technology and bounded population growth rate introduced by Guerrini [9].被引量: 6 年份: 2011 ...
The new state of economy calls for the promote forces driven by capital stock. Typical AK model can be used to reflect the dynamic process more realistically, in which the investment process relies on the changing of capital. The guarantee company provides a chance for the AK firm to get loa...
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3) AK-style model AK-style模型 1. We conclude that AK-style model can not explain the power of economic evolution. 结果表明AK-style模型对于东亚快速发展地区背后长期经济成长的力量来源无法提供良好的预测。4) AK Model AK模型5) growth model 增长模型 1. New software reliability growth model ...