Acta mathematica scientia,Series B ›› 2005, Vol. 25 ›› Issue (1): 30-40.

• Articles • Previous Articles     Next Articles

THE EXISTENCE THEOREM OF OPTIMAL GROWTH MODEL

Gong Liutang|Peng Xianze   

  1. Guanghua School of Management, Peking University, Beijing 100871, China
  • Online:2005-01-20 Published:2005-01-20
  • Contact: Gong Liutang E-mail:ltgong@gsm.pku.edu.cn
  • Supported by:

    Project 70271063 supported by the National Natural Science Foundation of China

Abstract:

This paper proves a general existence theorem of optimal growth theory. This
theorem is neither restricted to the case of a constant technology progress, nor stated
in terms of mathematical conditions which have no direct economic interpretation and
moreover, are difficult to apply.

Key words: Optimal growth;existence;piecewise continuity

CLC Number: 

  • 90A16
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