A generalized Solow-Swan model
type: Item
instance of: scholarly article
title: A generalized Solow-Swan model
zbMATH Open document ID: 1406.91256
DOI: 10.1155/2014/395089
author: Donghan Cai
author: Hui Ye
author: Longfei Gu
published in: Abstract and Applied Analysis
publication date: 2019-02-14T00:00:00Z
review text: Summary: We set up a generalized Solow-Swan model to study the exogenous impact of population, saving rate, technological change, and labor participation rate on economic growth. By introducing generalized exogenous variables into the classical Solow-Swan model, we obtain a nonautomatic differential equation. It is proved that the solution of the differential equation is asymptotically stable if the generalized exogenous variables converge and does not converge when one of the generalized exogenous variables persistently oscillates.
Mathematics Subject Classification ID: 91B62
Mathematics Subject Classification ID: 34D20
zbMATH DE Number: 7022302
zbMATH Keywords: Solow-Swan model
zbMATH Keywords: economic growth
zbMATH Keywords: nonautomatic differential equation
zbMATH Keywords: population growth
zbMATH Keywords: saving rate
Wikidata QID: Q59037252
MaRDI profile type: Publication
full work available at URL: https://doi.org/10.1155/2014/395089
OpenAlex ID: W2134613925
cites work: Inverted U-shaped fertility dynamics, the poverty trap and growth
cites work: Q5330830
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cites work: The Solow--Swan model with a bounded population growth rate
cites work: A Solow-Swan model with technological overflow and catch-up
description: scientific article; zbMATH DE number 7022302