数学物理学报(英文版) ›› 1994, Vol. 14 ›› Issue (2): 204-212.

• 论文 • 上一篇    下一篇

THE TURNPIKE IN DYNAMIC STOCHASTIC ECONOMIC GROWTH MODELS FOR STATE-CONTINGENT CAPITAL STOCKS

江胶宁1, 喻小培1, 何穗1, 蹇明2   

  1. 1. Central China Normal University, Wuhan 430070 China;
    2. Wuhan University, Wuhan 430072 China
  • 收稿日期:1992-10-27 出版日期:1994-06-25 发布日期:1994-06-25
  • 基金资助:
    Supported by the National Science Foundation of China and the Natural Science Fund of Central China Normal University.

THE TURNPIKE IN DYNAMIC STOCHASTIC ECONOMIC GROWTH MODELS FOR STATE-CONTINGENT CAPITAL STOCKS

Chiang Chiaoning1, Yu Xiaopei1, He Sui1, Jian Ming2   

  1. 1. Central China Normal University, Wuhan 430070 China;
    2. Wuhan University, Wuhan 430072 China
  • Received:1992-10-27 Online:1994-06-25 Published:1994-06-25
  • Supported by:
    Supported by the National Science Foundation of China and the Natural Science Fund of Central China Normal University.

PDF (PC)

35

摘要： A stochastic economic growth model may be transformed into a deterministic economic growth model with an infiaite dimentional Banach space of state-contingent capital stocks[6]. This paper proves that under the framework, the stochastic analogUes of the asymptotic turnpike theorems in the standard deterministic economic growth model[5] will continue tO hold if we assume that essentially smooth programs satisfy uniformly essentially dominant diagonal condition.

Abstract: A stochastic economic growth model may be transformed into a deterministic economic growth model with an infiaite dimentional Banach space of state-contingent capital stocks[6]. This paper proves that under the framework, the stochastic analogUes of the asymptotic turnpike theorems in the standard deterministic economic growth model[5] will continue tO hold if we assume that essentially smooth programs satisfy uniformly essentially dominant diagonal condition.

版权所有 © 《数学物理学报(英文版)》杂志社
地址：武汉市71010号信箱(430071)　电话: 027-87199206(中文版)　027-87199087(英文版)
E-mail: actams@apm.ac.cn
本系统由北京玛格泰克科技发展有限公司设计开发