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Academic Journal
OPTIMAL CONTROL IN A MODEL OF ENDOGENOUS GROWTH FOR CLOSED ECONOMIC SYSTEMS
M.A. SUMBATYAN
Вестник Донского государственного технического университета, Vol 8, Iss 4, Pp 111-119 (2018)
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| Title | OPTIMAL CONTROL IN A MODEL OF ENDOGENOUS GROWTH FOR CLOSED ECONOMIC SYSTEMS |
|---|---|
| Authors | M.A. SUMBATYAN |
| Publication Year |
2018
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| Source |
Вестник Донского государственного технического университета, Vol 8, Iss 4, Pp 111-119 (2018)
|
| Description |
In the work we study a mathematical model about control of investments distribution, when the technological change is taken into consideration as an increasing elasticity coefficient on the capital factor. There is proposed a solution algorithm to solve respective optimization control problem, where the investment funds are taken from the amount which was earlier intended for investments to the manufacture process. As a result, one can achieve at a final moment of time an additional volume of production, when compared with the one given by real statistical data, as well as to reach a maximum capital accumulation.
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| Document Type |
article
|
| Language |
Russian
|
| Publisher Information |
Don State Technical University, 2018.
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| Subject Terms | |
