The Solow-Swan growth model with bounded population

Kód výsledku v 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>
Výsledek na webu
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DOI - Digital Object Identifier
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Jazyk výsledku
angličtina
Název v původním jazyce
The Solow-Swan growth model with bounded population
Popis výsledku v původním jazyce
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.
Název v anglickém jazyce
The Solow-Swan growth model with bounded population
Popis výsledku anglicky
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.

Druh
J<sub>x</sub> - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)
CEP obor
AH - Ekonomie
OECD FORD obor
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Rok uplatnění
2010
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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