Exact solutions for a Solow-Swan model with non-constant returns to scale
Theoretical Economics
2022-11-10 v1
Abstract
The Solow-Swan model is shortly reviewed from a mathematical point of view. By considering non-constant returns to scale, we obtain a general solution strategy. We then compute the exact solution for the Cobb-Douglas production function, for both the classical model and the von Bertalanffy model. Numerical simulations are provided.
Cite
@article{arxiv.2008.05875,
title = {Exact solutions for a Solow-Swan model with non-constant returns to scale},
author = {Nicolò Cangiotti and Mattia Sensi},
journal= {arXiv preprint arXiv:2008.05875},
year = {2022}
}
Comments
10 pages, 4 figures