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2014 A Generalized Solow-Swan Model
Donghan Cai, Hui Ye, Longfei Gu
Abstr. Appl. Anal. 2014(SI53): 1-8 (2014). DOI: 10.1155/2014/395089


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.


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Donghan Cai. Hui Ye. Longfei Gu. "A Generalized Solow-Swan Model." Abstr. Appl. Anal. 2014 (SI53) 1 - 8, 2014.


Published: 2014
First available in Project Euclid: 27 February 2015

zbMATH: 07022302
MathSciNet: MR3193506
Digital Object Identifier: 10.1155/2014/395089

Rights: Copyright © 2014 Hindawi

Vol.2014 • No. SI53 • 2014
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