Existence and sensitivity analysis of optimal paths in an economic growth model with infinite planning horizon

Papageorgiou, NS

dc.contributor.author	Papageorgiou, NS	en
dc.date.accessioned	2014-03-01T01:08:48Z
dc.date.available	2014-03-01T01:08:48Z
dc.date.issued	1992	en
dc.identifier.issn	0895-7177	en
dc.identifier.uri	https://dspace.lib.ntua.gr/xmlui/handle/123456789/10699
dc.subject	Economic Growth	en
dc.subject	Optimal Path	en
dc.subject	Sensitivity Analysis	en
dc.subject.classification	Computer Science, Interdisciplinary Applications	en
dc.subject.classification	Computer Science, Software Engineering	en
dc.subject.classification	Mathematics, Applied	en
dc.subject.other	SYSTEMS	en
dc.title	Existence and sensitivity analysis of optimal paths in an economic growth model with infinite planning horizon	en
heal.type	journalArticle	en
heal.identifier.primary	10.1016/0895-7177(92)90057-R	en
heal.identifier.secondary	http://dx.doi.org/10.1016/0895-7177(92)90057-R	en
heal.language	English	en
heal.publicationDate	1992	en
heal.abstract	In this paper, we examine a model of optimal economic growth with infinite continuous time planning horizon, convex technology and an aggregate discounted utility. First, we establish the existence of optimal capital accumulation paths, and then we study their variations as well as those of the optimal value as we perturb the data of the model. Our tools are taken from the theory of weighted Sobolev spaces, from the Kuratowski-Mosco convergence of sets and the corresponding hypographical convergence of concave functions. © 1992.	en
heal.publisher	PERGAMON-ELSEVIER SCIENCE LTD	en
heal.journalName	Mathematical and Computer Modelling	en
dc.identifier.doi	10.1016/0895-7177(92)90057-R	en
dc.identifier.isi	ISI:A1992JR03100003	en
dc.identifier.volume	16	en
dc.identifier.issue	10	en
dc.identifier.spage	17	en
dc.identifier.epage	23	en