Optimal Balanced Growth of the Open Three-Sector Economy

By using the Pontryagin maximum procedure the author has found an optimal dynamic rule for the distribution of labor, investment, and material resources between the sectors of the open three-sector economy according to the maximi-zation criterion of discounted marginal consumption

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Year of publication:	2008
Authors:	Kolemajev, Vladimir
Published in:	Applied Econometrics. - Publishing House "SINERGIA PRESS". - Vol. 11.2008, 3, p. 15-42
Publisher:	Publishing House "SINERGIA PRESS"
Subject:	three-sector economy \| economic growth

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Extent:	application/pdf
Type of publication:	Article
Language:	Russian
Classification:	C02 - Mathematical Methods ; C61 - Optimization Techniques; Programming Models; Dynamic Analysis ; O41 - One, Two, and Multisector Growth Models
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009366508