Exact solutions for a Solow-Swan model with non-constant returns to scale (Journal Article)
Material type:
TextSeries: Indian Journal of Pure and Applied Mathematics ; , Volume 54: Number 4, December 2023Publication details: New Delhi , 2023Description: 1278-1285pISSN: - 0019-5588
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Abstract: The Solow-Swan model is shortly reviewed from a mathematical point of view. By considering non-constant returns to scale, we obtain a general solution strategy. We then compute the exact solution for the Cobb-Douglas production function, for both the classical model and the von Bertalanffy model. Numerical results are eventually provided.
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