Technology progress implementation based on a modified version of R. M. Solow economic growth model: with production S-curve consisting of n-steps
| dc.contributor.author | Lopatin, A. K. | |
| dc.date.accessioned | 2022-04-27T15:05:14Z | |
| dc.date.available | 2022-04-27T15:05:14Z | |
| dc.date.issued | 2021 | |
| dc.description.abstractuk | The comparative analysis of the neoclassical Solow’s model and the modified Solow’s model in the implementation of technological progress has shown undeniable advantages of the modified Solow’s model. A modified version of the Solow’s economic growth model, based on an n-step production function in the form of n S-shaped functions for the implementation of technological progress, ensures the growth of the economy on a sufficiently large time interval comparable to the duration of the life cycle of the economy under study. In this interval, referred to as the “technology gap”, intensive output y (t) can be carried out according to the following options: monotonic decrease (stable 1-cycle) of the considered model; oscillations (stable n-cycles, n=2,4,16,…), “the economy marks time”; chaotic fluctuations. This result for the models of economic growth has not been described in the literature. | uk |
| dc.format.pagerange | С. 99-109 | uk |
| dc.identifier.citation | Lopatin, A. K. Technology progress implementation based on a modified version of R. M. Solow economic growth model: with production S-curve consisting of n-steps / A. K. Lopatin // Системні дослідження та інформаційні технології : міжнародний науково-технічний журнал. – 2021. – № 3. – С. 99-109. – Бібліогр.: 11 назв. | uk |
| dc.identifier.doi | https://doi.org/10.20535/SRIT.2308-8893.2021.3.08 | |
| dc.identifier.uri | https://ela.kpi.ua/handle/123456789/47033 | |
| dc.language.iso | en | uk |
| dc.publisher | КПІ ім. Ігоря Сікорського | uk |
| dc.publisher.place | Київ | uk |
| dc.source | Системні дослідження та інформаційні технології: міжнародний науково-технічний журнал, № 3 | uk |
| dc.subject | modified Solow’s model | uk |
| dc.subject | technology gap | uk |
| dc.subject | periodic cycles and chaos | uk |
| dc.subject.udc | 519.86 | uk |
| dc.title | Technology progress implementation based on a modified version of R. M. Solow economic growth model: with production S-curve consisting of n-steps | uk |
| dc.type | Article | uk |
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