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On the optimal control problem for two regions’ macroeconomic model

In this paper we consider a model of joint economic growth of two regions. This model bases on the classical Kobb-Douglas function and is described by a nonlinear system of differential equations. The interaction between regions is carried out by changing the balance of trade. The optimal control pr...

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Autor principal: Surkov Platon G.
Formato: Artigo
Idioma:Inglês
Publicado em: Polish Academy of Sciences 2015-12-01
Colecção:Archives of Control Sciences
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Acesso em linha:http://www.degruyter.com/view/j/acsc.2015.25.issue-4/acsc-2015-0027/acsc-2015-0027.xml?format=INT
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