MODELS OF AN-TYPE INNOVATIVE ENDOGENOUS GROWTH AND THEIR SUBSTANTIATION
https://doi.org/10.18184/2079-4665.2015.6.2.70.79
Abstract
The article presents an analysis of some classical models of economic growth of exogenous and endogenous type, based on the calculation of the motion of physical capital. It is shown that the simplest AN-type model, based on the calculation of population dynamics and endogenous technological progress, is more adequate for the description of the current economic development and provides a more accurate long-term forecast of economic dynamics.
About the Author
Askar A. Akaev
Lomonosov Moscow State University
Russian Federation
Russian Federation
Correspondence: Akaev Askar A., Institute of the Mathematical Investigations of Complex Systems, LomonosovMoscowStateUniversity(1, Leninskie Gory, 119991), Russian Federation, askarakaev@mail.ru
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Review
For citations:
Akaev A.A. MODELS OF AN-TYPE INNOVATIVE ENDOGENOUS GROWTH AND THEIR SUBSTANTIATION. MIR (Modernization. Innovation. Research). 2015;6(2(22-1)):70-79. (In Russ.) https://doi.org/10.18184/2079-4665.2015.6.2.70.79
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