IJPAM: Volume 60, No. 2 (2010)
THE SOLOW-SWAN MODEL WITH AK TECHNOLOGY
AND BOUNDED POPULATION GROWTH RATE
AND BOUNDED POPULATION GROWTH RATE
Luca Guerrini
Department of Mathematics for Economic and Social Sciences
University of Bologna
5, Viale Filopanti, Bologna, 40126, ITALY
e-mail: luca.guerrini@unibo.it
Department of Mathematics for Economic and Social Sciences
University of Bologna
5, Viale Filopanti, Bologna, 40126, ITALY
e-mail: luca.guerrini@unibo.it
Abstract.This paper analyzes how a non-constant labor growth rate affects long-run growth within a Solow-Swan model with AK technology. It is shown that the model's dynamics are richer than the dynamics of the basic Solow-Swan model with AK technology.
Received: February 26, 2010
AMS Subject Classification: 91B62
Key Words and Phrases: Solow-Swan, AK, bounded population growth
Source: International Journal of Pure and Applied Mathematics
ISSN: 1311-8080
Year: 2010
Volume: 60
Issue: 2