The Solow-Swan growth model with bounded population

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14310%2F10%3A00043319" target="_blank" >RIV/00216224:14310/10:00043319 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

The Solow-Swan growth model with bounded population

Original language description

In this paper we tried to show that constant rate of population growth in classic theories of economic growth can be replaced by general bounded growth. It is obvious that labor force cannot grow exponentially in infinite time horizon because of the environmental carrying capacity. We have shown that the long run capital/labor ratio is greater in the labor bounded case than in the standard model, we also compared the short run capital/labor ratio results. As in the standard economy model, the only way how to increase the economy level in the long run is to increase the level of technology.

Czech name

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Czech description

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Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AH - Economics

OECD FORD branch

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Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2010

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Aplimat- Journal of Applied Mathematics

ISSN

1337-6365

e-ISSN

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Volume of the periodical

3(2010)

Issue of the periodical within the volume

2

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

7

Pages from-to

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UT code for WoS article

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EID of the result in the Scopus database

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