A Class of Models Describing the Dynamics of Production and Infrastructure-Planning Indicators

被引:0
|
作者
Kiselev Y.N. [1 ]
Orlov S.M. [1 ]
机构
[1] Moscow State University, Moscow
关键词
mathematical models of economic growth; optimal control; Pontryagin maximum principle; singular regimes;
D O I
10.1007/s10598-015-9269-y
中图分类号
学科分类号
摘要
The article investigates a modified model of economic growth—the “Rost” model. The growth dynamics is described by a nonlinear ordinary differential equation. The problem contains the parameter γ ∈ (0, 1). The case γ = 1/2 has been studied previously. The problem is solved by the Pontryagin maximum principle and by an alternative approach based on a special representation of the optimand functional and analysis of the functional-independent attainability set. The efficiency of various numerical methods to find the singular regime is analyzed. © 2015, Springer Science+Business Media New York.
引用
收藏
页码:213 / 243
页数:30
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