Tussupova, Kamshat; Murzabekov, Zainelkhriet - In: Economies : open access journal 13 (2025) 7, pp. 1-22
This paper develops a nonlinear optimization model for the optimal allocation of labor and investment resources in a three-sector open economy. The model is based on the Cobb-Douglas production function and incorporates sectoral interdependencies, capital depreciation, trade balances, and import...