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  1. 1 Studia Prawno-Ekonomiczne

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  1. 1 2010

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  1. 1 Dykas P.

  2. 1 Tokarski T.

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Równowaga i optymalne sterowanie w n-kapitałowym modelu . wzrostu typu nonnemana-vanhoudta

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Dykas P., Tokarski T.
Studia Prawno-Ekonomiczne
|
2010
|
vol. LXXXI (81)
235-260
EN
The purpose of the article is to theoretically analyze the main determinants of long- -term economic growth by means of the n-capital Nonneman-Vanhoudt model. The model is an extension to neoclassical models of growth by Solow and by Mankiw, Romer and Weil. The economy is described by the general neoclassical Cobb-Douglas production function, in which n-capital factors are necessary in production, the factors being poor substitutes to each other. The article provides the reader with general conclusions formed on the basis this model.
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