A discrete two-sector economic growth model

被引:1
|
作者
Zhang, Wei-Bin [1 ]
机构
[1] Ritsumeikan Asia Pacific Univ, Coll Asia Pacific Management, Oita 8748577, Japan
关键词
D O I
10.1155/2007/89464
中图分类号
O1 [数学];
学科分类号
0701 ; 070101 ;
摘要
This paper studies a key model in economic theory - the two-sector growth model - with an alternative utility function. We show that the system has a unique stable equilibrium when the production functions take on the Cobb-Douglas form. We also simulate the model and demonstrate effects of changes in some parameters.
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页数:13
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